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The first half of 2026 is drawing to a close, and shares of Apple (NASDAQ: AAPL) have turned in a disappointing performance so far.
The 9% jump in Apple stock this year is underwhelming compared to the 15% jump seen in the tech-focused Nasdaq Composite index. However, the stock's fortunes could turn around in the second half of the year, driven by the arrival of a foldable iPhone that should help Apple tap into a fast-growing smartphone niche.
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Let's look at the reasons why this new product could become a major catalyst for Apple.
Recent leaks suggest that Apple could indeed launch a foldable iPhone in September this year. There are references to foldable features in the beta code of Apple's latest smartphone software -- iOS 27. Meanwhile, Bloomberg's Mark Gurman predicts that Apple could launch the foldable iPhone in just two colors, while noted Apple ***** yst Ming-Chi Kuo of TF International Securities suggests the same.
2 months ago

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