AAPL ▼ -0.4% - Apple Inc. $AAPL Industry sources say chip shortages and supply-chain bottlenecks may push Apple’s foldable iPhone significantly above expectations; IDC projects an average selling price of $2,550. IDC forecasts Apple will sell more than 17 million foldable iPhones by end-2027, generating over $45.7 billion in revenue. Apple shares fell 0.4% today despite industry projections showing strong potential for its upcoming foldable iPhone. Analysts at IDC forecast the device could command an average selling price of $2,550 and drive over $45.7 billion in revenue by the end of 2027, with sales exceeding 17 million units, though current chip shortages and supply-chain constraints may initially limit availability. 04-SEP-2026 06:58 AM ET