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US stock movement | Rumors suggest the mass production and shipment of the first foldable iPhone may be delayed by several months. Apple (AAPL.US) stock opened down, with a decline of up to 4%.
Zhitong Finance APP learned that on Tuesday, Apple (AAPL.US) saw its early-session decline widen to 4%, and is now trading at $247.66. According to insiders, Apple encountered setbacks during the engineering testing phase of its first foldable iPhone, which could lead to delays in its large-scale production and product shipment plans. Media reports said that engineering development issues may, in the worst case, push back the initial shipment timeline for the foldable iPhone by several months. The reports cited an insider as saying, “Early test production stage did see more problems than expected; it will take more time to resolve these issues and make the necessary adjustments.”
In January, the media previously reported that Apple would focus on launching its first foldable iPhone and two non-foldable models equipped with upgraded cameras and larger screens, with plans for a flagship-level release in the second half of 2026.