Apple’s (AAPL) first foldable iPhone is on track to arrive during the company’s normal iPhone launch period later this year, people with knowledge of the matter told Bloomberg’s Mark Gurman. The company is scheduled to introduce the foldable model in September alongside the iPhone 18 Pro and Pro Max, said the sources. A report from Nikkei Asia had fueled concerns about a delay and Apple shares fell as much as 5% after the Japanese news outlet said that the company was facing challenges that threaten to push back the production and shipment schedule.
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