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Seen to Ship Over 17 Million Foldable iPhones by 2027, IDC Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2662467947","media":"MT Newswires Live","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662467947?lang=en_us&edition=fundamental","pubTime":"2026-08-27 01:59","pubTimestamp":1787767179,"startTime":"0","endTime":"0","summary":"Apple  is expected to reignite growth in the foldable smartphone category when it debuts its first foldable iPhone in September, with shipments forecast to exceed 17 million units or roughly 40% of the global foldables market by 2027, IDC said Wednesday.The company is expected to ship more than 10 million units in its first year alone, Bloomberg reported, citing IDC.Apple's foldable iPhone is expected to launch in September with an average selling price of over $2,550, IDC senior research director Nabila Popal said. At this price, Popal said Apple is expected to generate more than $45.7 billion in value and capture more than half of the total value of the foldables category.IDC said that without Apple, foldable shipments are projected to decline at a double-digit rate year over year. The broader smartphone market is expected to decline by 16.7% in 2026 as rising memory chip costs push up prices, IDC said.Apple did not immediately respond to MT Newswires' request for comment.Price: 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Schedules Significant Product Launch Event for Sept. 9","url":"https://stock-news.laohu8.com/highlight/detail?id=2662459737","media":"MT Newswires Live","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662459737?lang=en_us&edition=fundamental","pubTime":"2026-08-27 00:36","pubTimestamp":1787762197,"startTime":"0","endTime":"0","summary":"Apple  said Wednesday it has scheduled a product launch event for Sept. 9 at its Cupertino, California, headquarters.The presentation will start at 1 pm ET from the Steve Jobs Theater along with a simultaneous internet broadcast under the promotional theme \"Surprise and shine,\" the company said.Price: 313.27, Change: +3.37, Percent Change: 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and shine’: Apple to hold first major iPhone launch under new CEO next month","url":"https://stock-news.laohu8.com/highlight/detail?id=2662437745","media":"CNN Business","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662437745?lang=en_us&edition=fundamental","pubTime":"2026-08-27 00:27","pubTimestamp":1787761654,"startTime":"0","endTime":"0","summary":"Apple’s new CEO is about to have his first big moment in the spotlight.The tech giant announced it will hold an event on September 9, when it’s expected to reveal the biggest-ever change to its smartphone lineup: the first foldable iPhone. It’s the company’s first major product launch under John Ternus, who will take the reins from Tim Cook on September 1.The event invitation includes the tagline “surprise and shine,” although it does not include any details about what Apple plans to announce.Apple’s September event is widely considered to be the company’s most important moment of the year. The company will likely introduce other new phones and Apple Watches, as well.But this year’s keynote will be about more than just new gadgets. It’ll also be the first opportunity for Ternus to lay out his vision for Apple.Analysts expect Ternus to signal a fresh push into new AI-powered gadgets, given his hardware engineering background. 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Broadcom's optical segment also presents a near-term growth opportunity, while scale-across and scale-up could be future growth catalysts, RBC added in a Tuesday note.Commentary from key TPU customers also points to accelerating compute demand but long lead times and potential competition could limit the upside. Still, continued TPU adoption and Broadcom's long-term contract should support the company's growth in the next few years, according to the note.The company is set to release its fiscal Q3 results on Sept. 2, and RBC estimates adjusted earnings of $3.22 per share and revenue of $29.40 billion.RBC reiterated its sector perform rating on Broadcom, with a $400 price target.Price: 353.27, Change: -3.47, 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