Apple Plans Thinner, Foldable iPhones to Revive Growth
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Apple is planning to introduce thinner, foldable iPhones in an effort to revive growth in its iPhone business, which has been experiencing a sales slump due to incremental upgrades.
December 15, 2024 | 10:45 am
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Apple is developing thinner, foldable iPhones to address a sales slump in its iPhone segment, which is crucial as it represents about half of the company's revenue.
The introduction of innovative products like thinner, foldable iPhones could potentially attract new customers and boost sales, addressing the current slump in iPhone sales. Given that iPhone sales are a significant part of Apple's revenue, this move is likely to have a positive impact on Apple's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100