Apps & Software
Apple May Launch Flip Phone to Challenge Samsung
Published:
Last Updated:
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive
compensation for actions taken through them.
compensation for actions taken through them.
If the Apple Inc. (NASDAQ: AAPL) iPhone has a rival, it is Samsung’s Galaxy Z Flip6. PC Magazine recently described it as the best foldable phone on the market, and other prominent media outlets have said the same. It runs on Android OS and has Galaxy AI features. Its primary feature is that it folds in half, which means that when opened, it has a 7.6-inch inner and a 6.3-inch external display. Apple thinks the Samsung phone is good enough to build a foldable phone.
24/7 Wall St. Key Points:
- Smartphones and laptops with foldable screens are reportedly coming from Apple Inc. (NASDAQ: AAPL).
- The company needs something to shake up anemic iPhone sales.
- Take this quiz to see if you’re on track to retire. (sponsored)
The Wall Street Journal reports that the foldable phone is part of a major relaunch of some of Apple’s products. One will be a laptop with a screen that can open to one the size of a desktop. Additionally, the paper reports, “A smaller model would unfold to a display size that would be larger than an iPhone 16 Pro Max, intended to serve as a foldable iPhone.”
Several industry observers view this as a way to turbocharge iPhone sales. Despite new AI features on the iPhone 16, new generations have been relatively similar. Apple needs a breakout feature to reach a broader market than current owners.
The importance of iPhone revenue must not be underestimated. IPhone revenue was $46.2 billion of Apple’s $95 billion in the most recently reported quarter. However, iPhone revenue did not rise much from the $48.3 billion in the same period the year before. The next quarter, Apple’s earnings releases will contain sales from the iPhone 16 for the entire period and holiday sales. The numbers must be impressive to keep Apple’s stock near the all-time high where they have traded recently.
The foldable iPhone might be risky because it is a new feature for Apple. However, it may have to counter the Samsung feature to help iPhone sales to be brisk.
Do You Know Where Your iPhone Came From? This Is What It Takes to Put Technology in Your Pocket.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.