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Technology4h 16m ago

Apple is introducing a $1,999 iPhone Ultra foldable smartphone to target affluent users and protect the pricing of the iPhone 18 Pro and 18 Pro Max, which are expected to remain at their current price points.

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Who
Apple, Tim Cook
What
Apple is introducing a $1,999 iPhone Ultra foldable smartphone to target affluent users and protect the pricing of the iPhone 18 Pro and 18 Pro Max, which are expected to remain at their current price points.
When
Sun, 14 Jun 2026 20:46:52 GMT · 4h 16m ago
Where
global ·
Why
The premium smartphone market is approaching saturation, and upgrade cycles are stretching, leading Apple to overhaul its pricing strategy to increase revenue from affluent users and absorb escalating component costs.
The Frontline Impact

How this affects you

This strategy allows Apple to maintain stable prices for its core iPhone 18 Pro audience while extracting higher revenue from a luxury foldable model, potentially offsetting rising component costs and competition from Android manufacturers. The company's focus on recurring subscription services, like Apple One bundled with new AI features, also contributes to long-term revenue growth and customer retention.

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