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New CEO John Ternus spotlights a foldable iPhone at Sept. 9 event, signaling renewed hardware focus and ecosystem expansion amid slowing smartphone upgrades.
Editorial companion
Apple is making a foldable iPhone the headline act for John Ternus's first major product event on September 9, a move Bloomberg Intelligence Senior Hardware Analyst Woo Jin Ho framed as an engineer-run effort to refocus on hardware and expand the ecosystem. In a market where smartphone upgrades feel incremental, a foldable device is the kind of visible innovation that can nudge replacement cycles and lift average selling prices. For investors the question is not whether Apple can build a foldable, but whether it can turn that engineering feat into sustained consumer demand.
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