Apple's Foldable iPhone, Championed by Tim Cook, May Cost Up to $2,199

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Apple's first foldable iPhone, championed by Tim Cook, may cost up to $2,199, exceeding its original $1,999 target due to memory shortages, according to a Bloomberg report. Cook pushed the project forward after a 2020 Asia trip, shifting focus from an iPad mini concept to a mainstream foldable. The device features a titanium-aluminum hinge and custom Corning glass, though it trades off durability, camera quality, and battery life. The phone, codenamed V68 and nicknamed iPhone Ultra, will debut Wednesday under new CEO John Ternus. Sales estimates range from 7 to 10 million units, with some configurations nearing $3,000.


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