Forget the hype — iPhone Ultra scarcity will tell the story
Apple has been working on a foldable smartphone for more than a decade. Having spent so much time developing the device, the company doesn’t want to ship something if it can’t make something good. Now, it looks like Apple can make a folding iPhone, but manufacturing them in decent quantities is going to take a little longer to bed in. That’s the basic premise of this weekend’s most interesting slice of Apple-related news, which emerged from analyst Ming-Chi Kuo, who believes initial production of Apple’s folding iPhone — potentially called iPhone Fold or iPhone Ultra — will sell out fast, despite its likely $2,500 price tag. That’s because he expects Apple will be able to make just 7 million or 8 million units of the device by the end of the year. This relatively low number could reflect previously reported build quality control challenges, which likely have required additional investment in manufacturing capabilities. (That lower number may have changed, since a recent report said Ap