iPhone Fold: Apple's first foldable revealed to be quite expensive
By all indications, Apple is preparing its inaugural foldable to launch next year. While details of the foldable iPhone remain uncertain, a new leak has now provided some insight into how it could be priced—at least in the Chinese market.
As revealed by leaker Setsuna Digital, Apple is set to price the iPhone Fold at a whopping CNY 15,999 in China. That converts into $2,230, and is said to only be valid for the 256 GB base configuration, with the jumps to the 512 GB and 1 TB SKUs each costing an extra CNY 2,000 ($280). Ergo, the top spec 1 TB model could cost an almost ridiculous CNY 19,999 ($2,790).
Compared to other foldables, the leaked prices for Apple's iPhone Fold border on ludicrous. The Galaxy Z Fold7, for example, starts at CNY 13,999 ($1,950) in China for the 256 GB model, and tops out at CNY 16,249 ($2,260) for the 1 TB SKU. It appears, however, that Apple may have its sights set on a more premium offering—Huawei's Mate XT. That device has the advantage of being a tri-folding phone but starts at CNY 19,999 ($2,790) when equipped with 256 GB, making it quite a bit more expensive than the leak claims the iPhone Fold will be.
It's unclear how these prices will translate to the global market. If this source is anything to go by, though, it seems likely that Apple's foldable iPhone will cost more than Samsung's Galaxy Z Fold8 next year—perhaps starting at about $2,200 in the US? That looks to be in line with previous estimates as well.
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