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Technology4h 23m ago

Apple is planning to introduce a $1,999 iPhone Ultra foldable smartphone to target affluent users and absorb component costs, while maintaining the iPhone 18 Pro's price at $1,049.

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Who
Apple, Tim Cook, Samsung, Google, Mark Gurman
What
Apple is planning to introduce a $1,999 iPhone Ultra foldable smartphone to target affluent users and absorb component costs, while maintaining the iPhone 18 Pro's price at $1,049.
When
Sun, 14 Jun 2026 20:46:52 GMT · 4h 23m ago
Where
global ·
Why
Apple is overhauling its pricing strategy to increase revenue from affluent users and protect the core iPhone 18 Pro audience as the premium smartphone market approaches saturation.
The Frontline Impact

How this affects you

This strategy allows Apple to maintain stable pricing for its mainstream iPhone 18 Pro models, potentially reassuring its core customer base, while using the higher-priced iPhone Ultra to capture revenue from the luxury segment and navigate rising component costs the industry faces generally.

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