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StocksMediumUpdated×3•Originally published 7 April 2026•Updated 8 April 2026•

1 min read

Apple Shares Drop 4% as Foldable iPhone Faces Potential Delay to 2027

Key Facts

1Apple is encountering setbacks in the engineering test phase of its first foldable iPhone.

about 2 months ago

Version History

5 additional sources confirmed this story

Version 3about 2 months ago

What changed: The narrative shifted from a confirmed 2024 launch to a potential delay until 2027 due to technical issues, resulting in a 4% decline in Apple's share price.

Version 2about 2 months ago

What changed: Updated to include Apple's stock price reaction and analyst views on the foldable iPhone as a major share price catalyst.

Version 1about 2 months ago

What changed: Bloomberg reported that the launch is on track for September 2024, contradicting previous reports of engineering delays.

Apple shares (AAPL) fell 4% following reports of significant technical hurdles in the development of its first foldable iPhone. While previous reports suggested a 2024 launch, new data indicates that engineering snags during the early test production phase have forced a timeline shift. Analysts now identify 2027 as the most likely launch window, assigning an 80% probability to this timeframe. These technical issues have reignited concerns regarding Apple's ability to compete with established players like Samsung in the innovative smartphone segment. The delay is seen as a setback for investors who were counting on the device as a near-term catalyst for revenue growth. Despite the setback, Apple continues to refine the hardware to meet its high quality standards before a commercial release.