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Apple sets launch date for new iPhone series — the first major event for new CEO John Ternus

Add The New York Post on Google Apple is set to host its next launch event on September 9, where the company is expected to unveil its newest iPhone series and potentially its ​long-awaited foldable phone.

The first foldable iPhone is expected to be a crucial landmark ‌for Apple, with analysts saying that the high-end devices would be the main driver of higher selling prices and margin growth for the company.

The launch would also mark incoming Apple CEO John Ternus’s ​first major event. Ternus, Apple’s longtime hardware chief, is set to take the ​helm at the company on September 1, as Tim Cook transitions to ⁠the role of executive chairman.

iPhones are displayed at an Apple store on June 29, 2026, in Mumbai, India. REUTERS Ternus’s appointment, announced in April, was widely regarded as a ​sign of Apple’s renewed push to building on its core strength in devices.

Currently, Samsung Electronics dominates ​the niche but growing foldable smartphone market, which companies are betting would soon become mainstream despite their premium price tags.

Foldable phones are expected to be a bright spot for consumer electronics companies that have ​faced a setback due to a severe shortage of memory and storage chips that resulted ​in price hikes and dampened overall consumer demand.

Apple has also lifted prices across its Mac and iPad ‌line-ups ⁠to offset the soaring costs. Still, the company said in July it was facing “very significant” supply chain shortages and predicted the snags would dampen sales in the current quarter.

Incoming Apple CEO John Ternus attends the “Ted Lasso” Season 4 premiere on July 27, 2026, in Los Angeles. Rob Latour/Shutterstock Analysts expect Apple to launch a foldable iPhone with a screen similar in size to an ​iPad mini. Earlier this ​year, Samsung unveiled a new ⁠passport-sized foldable phone as the South Korean tech giant seeks to defend its foothold against Apple.

Apple is expected to ship more than ​17 million foldable iPhones by 2027, according to research firm IDC.

Its ​entry into ⁠the market is also key to driving growth, with IDC predicting a 12.6% jump in foldable phone shipments this year. In comparison, global smartphone shipments are expected to see a record ⁠16.7% ​decline.

Last year, at its launch event, Apple unveiled a slimmer ​iPhone Air and loaded its iPhone 17 base models with several better features. The iPhone 17 line-up helped drive ​a strong upgrade cycle among consumers.

Read original at New York Post

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