iOS 27 Beta Hints at $2,000 Foldable iPhone; Morgan Stanley Raises Target to $360
AAPL•Hidden references in the first iOS 27 developer beta reveal foldState and mechanicalAngleDegrees parameters, hinting at a $2,000 foldable iPhone debut alongside iPhone 18 Pro this September. Morgan Stanley raised its price target to $360 from $330, citing earlier-than-expected AI and Siri monetization across Apple’s ecosystem.
1. iOS 27 Beta Uncovers Foldable Hardware Indicators
The first developer beta of iOS 27 contains references to foldState, mechanicalAngleDegrees and angleDegrees parameters, along with mentions of a secondary display, extra cover glass and additional light sensors, suggesting built-in support for a device with a flexible, hinge-based form factor.
2. Rumored Foldable iPhone Launch Details
The foldable iPhone is expected to debut in September alongside the iPhone 18 Pro lineup, starting near $2,000, positioning Apple against Samsung in the emerging foldable market and leveraging full-page widgets and adaptable layouts introduced in iOS 27 and macOS 27.
3. Analyst Upgrade Reflects AI-Driven Growth Prospects
Morgan Stanley raised its Apple price target to $360 from $330, maintaining an Overweight rating based on anticipated earlier-than-expected monetization of Apple Intelligence and deeper AI and Siri feature integration across devices and services, though rollout may be gradual.
