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Apple is reportedly working on a thinner iPhone model and a foldable iPhone model.
The tech giant is working on launching two new designs in the next few years, with a skinny device targeted for 2025 and a flip phone that could arrive a year or so later, according to Wall Street.・The Journal reported. reported on Sundaysaid, citing an anonymous source.
The thin iPhone will reportedly be less than 8 millimeters thick. According to the report, less complex cameras may also be included.
Apple Inc. has released a new artificial intelligence-focused iPad Pro and larger iPad Air, aiming to reinvigorate its tablet lineup that has been stagnant for the past two years. (Michael Nagle/Bloomberg via Getty Images/Getty Images)
The paper says the thin device is aimed at appealing to people in the market for an iPhone that costs less than the high-end models made by Apple.
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Apple's iPhone 16 Pro costs $999, while the Pro Max has a starting price of $1,199.
Meanwhile, the planned foldable iPhone could exceed the dimensions available for the iPhone 16 Pro Max's screen, The Journal reports.
According to an Apple press release, the iPhone 16 Pro Max features a 6.9-inch screen, making it the “largest iPhone display ever.”
Companies such as Samsung, Google, Motorola and Huawei already sell foldable phones.
Apple is reportedly working on a thinner iPhone model and a foldable iPhone model. (Scott Olson/Getty Images/Getty Images)
Foldable phones are reportedly not the only foldable technology Apple is considering developing.
According to the Journal, the tech giant aims to produce a laptop-like gadget that boasts about a 19-inch screen when fully opened. Currently, it is reportedly expected to debut after the launch of the foldable iPhone.
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FOX Business has reached out to Apple for comment on the reported technology.
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| AAPL | Apple Inc. | 239.59 | +2.26 |
+0.95% |
The company's latest iPhones, the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max, have been on sale since late September. These are the first phones that Apple built for Apple Intelligence functionality.
The company's latest iPhones, the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max, have been on sale since late September. These are the first phones that Apple built for Apple Intelligence functionality. (Gary Hershawn/Getty Images/Getty Images)
In late October, Apple announced that its iPhone division had annual net sales of approximately $201.18 billion, including $46.22 billion in the fourth quarter ended September 28. Net sales for the year from all of the company's products and services were $391.04 billion. This represents a 2% increase over the previous year.
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The tech giant has announced a number of new products in addition to the iPhone 16 in recent months, including the Apple Watch Series 10 and the latest version of the iPad Mini.
The company's market capitalization hovered around $3.79 trillion as of Monday afternoon, making it the world's most valuable company.
