Apple's foldable iPhone launch may not boost stock, analysts say

Apple is expected to announce a foldable iPhone on Wednesday, but Wall Street investors do not anticipate a significant stock move, with some suggesting the news could trigger share selling. Bank of America analyst Wamsi Mohan noted Apple shares have often shown a modest "sell the news" reaction after launch events, falling the day after 10 of 24 product launches since 2007. However, shares typically gain momentum 60 days after most launches. Analysts also flagged concerns about the foldable phone's high price point, estimated near $2,500, due to rising memory costs, while noting Apple's brand could justify price hikes of at least $100 to preserve margins.