Kuo: iPhone Fold May Be Short on Supply Into 2027

• Key Takeaways:
• Analyst Ming‑Chi Kuo says Apple will likely announce the foldable iPhone in 2H 2026 but early production yields could limit shipments.
• Smooth, high-volume shipments may not occur until 2027 because of early-stage yield and ramp-up challenges.
• Limited initial supply combined with expected strong demand could produce shortages through at least the end of 2026.
• The device is reported as a book‑style foldable with a ~5.3–5.5" outer display, 7.8" inner screen, liquid metal hinge and a price around $2,000–$2,500.

What Kuo’s Note Says

Ming‑Chi Kuo’s latest research note says development of Apple’s foldable iPhone is running behind earlier expectations but still on track for a 2H 2026 announcement.

He warns that early‑stage yield and ramp‑up issues are likely to prevent smooth, mass shipments until 2027. That means Apple could announce the product on schedule but struggle to deliver large volumes right away.

Why Manufacturing Will Matter

Foldable displays and hinge systems are more complex than standard iPhone assemblies, and they’re prone to yield variability during early production runs.

Kuo’s outlook echoes recent analyst concerns — including Mizuho Securities — that hinge design, crease reduction and quality control could push meaningful shipping volume later than Apple intends.

Foxconn and supply ramp

Reports had indicated Foxconn would begin limited production before year‑end, but the absence of broad confirmation suggests Apple might still be in design validation testing.

If the iPhone Fold remains in DVT (design validation testing), manufacturers can still encounter consistency problems that delay volume ramp‑up.

What It Means for Buyers and Apple

For consumers, the likely result is scarcity and premiums on initial units if demand materializes as expected. Early adopters may face long wait times or higher resale prices.

For Apple, constrained supply at launch could limit early sales metrics despite strong interest and could shift revenue and unit forecasts into 2027.

Price and specs to expect

Industry reporting places the device as a book‑style foldable with an outer 5.3–5.5‑inch screen and a 7.8‑inch inner display. The hinge is said to use liquid metal to minimize a visible crease.

Estimated launch pricing of $2,000–$2,500 would make the iPhone Fold Apple’s most expensive iPhone to date, heightening attention on fit, finish and durability during early production.

Bottom line

Kuo’s forecast suggests Apple may formally introduce the iPhone Fold in 2H 2026 but should expect limited shipment volumes until production yields stabilize in 2027. Early shortages look likely if demand follows current expectations.