10 Million Reasons to Buy Apple Stock Here

Tech giant Apple (AAPL) is reportedly preparing for one of its most ambitious iPhone launch cycles yet, with plans to roll out at least five new models across the second half of this year and the first half of 2027. As part of the strategy, the company has reportedly asked suppliers to prepare to manufacture about 10 million foldable iPhones this year, a notable increase from its earlier forecast of seven million to eight million units.

The aggressive production ramp-up comes as the race to dominate the fast-growing foldable smartphone market accelerates, with industry leader Samsung Electronics Company and Chinese rivals such as Huawei expanding their foldable portfolios despite an industrywide component supply crunch. The reported plans suggest Apple is looking to make a strong entry into the foldable category while strengthening its foothold in the premium smartphone market. Against this backdrop, here's a closer look at the stock.