We know that Apple's first foldable iPhone is going to be expensive, but a new report suggests it might not completely break the bank.

The first foldable iPhone is expected to be revealed in September 2026 during Apple's annual iPhone event, according to a report from financial services firm JPMorgan, at a price of $1,999. It will be part of Apple's iPhone 18 lineup, the report said. The iPhone will reportedly include these features:

Despite being seven years later than Samsung, it seems Apple’s timing for the iPhone Fold launch—per Samsung—could be nearly spot-on.