Apple unveils first foldable iPhone at tonight’s event

Apple is expected to announce its first foldable iPhone, possibly named the iPhone Ultra, at its "Surprise and Shine" event tonight, marking its entry into the foldable market against rivals like Samsung. The device is rumored to feature a crease-free folding display, a book-style design that unfolds to resemble an iPad mini, and a price potentially exceeding $2,000. Reports suggest it may launch with limited availability, with production estimated at 8 to 10 million units for the year. While the announcement is anticipated tonight, shipping could be delayed until late October or December, following a strategy similar to the iPhone X. The device is expected to include dual rear cameras, a large battery, and come in limited color options.