Reviews News 11 January 2026 - 20 January 2026

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Technology News

  • Apple to ship foldable iPhone at around $2,000, Citi says; 8 million in 2026, 20 million in 2027
    January 20, 2026, 8:24 PM EST. Citi's Atif Malik expects a foldable iPhone to debut at the fall launch alongside iPhone 18 Pro/Pro Max, with premium pricing around $2,000. The note forecasts 8 million foldable iPhones in 2026 (~3% of total iPhone shipments), rising to 20 million in 2027. Malik maintains a Buy rating but lowers his price target to $315 from $330 due to potential margin risk from higher memory-chip costs. Apple shares have lagged the market amid AI-led rotations. The bank notes a deal with Google to power Siri's AI with Gemini, and argues a foldable device could incentivize upgrades, supported by data showing a high share of iPhone buyers holding onto older models.