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Apple set to unveil first foldable iPhone Wednesday in China

Apple (AAPL) plans to unveil its first foldable iPhone Wednesday. IDC’s Nabila Popal says the device could become a status symbol in China, despite an expected starting price of about $2,199.

AAPL

Apple (AAPL) is set to unveil its first foldable iPhone Wednesday. A longtime smartphone analyst said the device could become a status symbol in China despite an expected starting price of about $2,199. Nabila Popal, a senior smartphone market researcher at IDC, made the comment in reference to the pricing outlook.