Ming-Chi Kuo Speaks Out Amid Foldable iPhone Buzz

In a bold statement made on Sunday, renowned Apple analyst Ming-Chi Kuo tackled the swirling rumors surrounding Apple's anticipated foldable iPhone. As excitement builds for this innovative device, Kuo’s insights are a beacon of clarity in a sea of speculation.

Touch ID Controversy: Side-Button vs. Under-Display

Kuo has been a longstanding proponent of the side-button Touch ID feature for the foldable iPhone. While whispers of an under-display ultrasonic fingerprint sensor had emerged, Kuo remains convinced that Apple will stick with his original prediction. He revealed that Luxshare ICT is set to supply the side-button Touch ID module, further solidifying his claim.

The iPhone's High-End Future: What to Expect?

These statements come at a crucial time as anticipation reaches a fever pitch for the foldable iPhone, rumored to boast cutting-edge features that could revolutionize the smartphone market. Kuo's predictions carry weight; his track record in forecasting Apple’s product launches is impressive, often influencing market expectations.

Bold Predictions: A Pricey Innovation Ahead

The foldable iPhone is expected to come with a hefty price tag—potentially over $2,000—and is estimated to ship around 20 million units by 2027. This high-end smartphone could set a new standard in the market, especially with AI capabilities integrated into its functionality.

Could Samsung’s Technology Be Behind the Magic?

An earlier report hinted that Apple might tap into Samsung’s advanced crease-free display technology, ensuring efficient mass production of the foldable device. Kuo’s latest comments further emphasize his earlier predictions and shed light on Apple’s supply chain operations, particularly the involvement of Luxshare ICT.

Apple Stock Insights: What Investors Should Know

Amid these developments, Benzinga’s Edge Stock Rankings reveal that Apple stock currently holds a Value score in the 9th percentile and a Growth score in the 29th percentile. For investors, this insight provides a glimpse into how the stock is performing amidst the hype surrounding the foldable iPhone.