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Benzinga
Benzinga
Business
Namrata Sen

Apple’s Foldable iPhone is an ‘Underappreciated’ Opportunity That Could Send AAPL Stock Soaring, Says Analyst — 14 Million Units Seen Selling by 2027

Apple AAPL MingChi Kuo Rothschild Co
TimCook.Shuterstock.IPhone16eApple

Apple Inc. (NASDAQ:AAPL) is expected to make a significant entry into the foldable phone market, which could potentially cause a considerable surge in its shares, as per Rothschild & Co.

Rothschild & Co. analyst Timm Schulze-Melander suggested that the market hasn’t fully recognized the potential influence of a foldable iPhone on Apple’s growth. Schulze-Melander communicated to clients that Apple’s product roadmap’s strength and its potential entry into the foldable handset market seem to be undervalued, reported CNBC on Monday.

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