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BofA predicts Apple will sell 10-20M foldable iPhones in 2026, boosting demand despite a slight price target cut.

Analyst Insights
23 Mar 2026
Benzinga
View Source
Bullish
pluang ai news

BofA Securities forecasts Apple will launch its first foldable iPhone in 2026, featuring a 7.7–7.8-inch inner display and Touch ID. This new design could drive strong demand, with initial sales estimated between 10 to 20 million units, especially from China and premium users. Apple plans to stagger launches, introducing foldable and Pro models in September and other models in early 2027 to optimize supply chains. Despite lowering the price target slightly from $325 to $320, BofA maintains a Buy rating, citing growth catalysts like AI integration and capital returns.

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