Apple to Launch a Foldable iPhone Before 2027? Here's What the Prediction Market is Saying
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South Korean smartphone maker Samsung Electronics Co. Ltd. (OTC:SSNLF) recently launched its latest foldable smartphones, sparking a discussion about when we will see a foldable iPhone from Apple Inc. (NASDAQ:AAPL).
Apple is expected to unveil its first foldable iPhone along with the iPhone 18 series later this year. However, the device is expected to hit the shelves a few months later.
Here’s What Prediction Market Is Saying
Polymarket, a Polygon (CRYPTO: POL) based prediction platform that allows users to wager on an outcome using the USDC (CRYPTO: USDC) stablecoin, is currently betting on a contract "Will Apple release a foldable iPhone before 2027?"
Over $246,000 has been bet on the contract so far.
Bettors have placed an 89% probability of Apple launching a foldable iPhone "Before 2027," up by 49%.
Apple’s First Foldable
Apple is expected to unveil its first foldable smartphone along with the iPhone 18 series in September.
According to analyst Ming-Chi Kuo, supply constraints could potentially delay the preorders and sales of the foldable iPhone until the fourth quarter of 2026.
Despite the expected delay in deliveries, the Cupertino tech giant is expected to capture around 25% of the market share of foldable phones in year one. Samsung, which currently has a 40% market share, is expected to retain its leadership position with a 32% market share.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock
