Apple Foldable iPhone: Morgan Stanley Eyes $14 Billion December Qtr Revenue
Morgan Stanley projects Apple's upcoming foldable iPhone could generate $14 billion in revenue during the December quarter, marking the most significant form-factor shift since the iPhone X. The bank anticipates strong demand and substantial price increases for the new device.
* Investors will be watching Apple's (N:AAPL) ability to execute on its foldable iPhone launch and its pricing strategy. The projected $14 billion in revenue highlights the potential impact of this new product category.