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Apple's $2,000 Foldable iPhone Could Sell 6 Million Units, Counterpoint Says
Apple's $2,000 Foldable iPhone Could Sell 6 Million Units, Counterpoint Says
Counterpoint senior analyst Ivan Lam expects Apple to sell about 6 million units of its first foldable iPhone this year. The estimate offers an early sentiment gauge of potential demand for Apple's first-ever foldable handset, priced at roughly $2,000.
The iPhone Duo sales forecast hinges on Apple's ability to ramp up production, Lam said, according to Bloomberg News. The new foldable iPhone is scheduled for release in October.
Separately, market research firm IDC expects global foldable shipments to rise 13% to...
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Jul 5, 2026 / Tyler Durden
South Korea Plans Investment Fund From Chip Tax Revenue
South Korea Plans Investment Fund From Chip Tax Revenue
At a time when chip and memory companies are disproportionately receiving the benefits of hundreds of billions in capex, and a growing number of politicians are consider ways to socialize these outsized gains, Yonhap News reported that South Korea plans to create an investment fund using tax revenue from its burgeoning semiconductor industry to finance long-term economic growth.
In a senior-level meeting of the government and the ruling party, presidential chief of staff Kang Hoon-sik said the additional revenue from the country’s...
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Jul 2, 2026 / Jason Ditz
Cafe Bombing in Damascus Kills At Least 9, Wounds 20
Speculation has been running wild today in Damascus after a bombing in a cafe in the center of the city killed at least nine people and wounded some 20 others. The site was near the Justice Palace, the city’s main courthouse. As of yet, no group has claimed credit for the bombing, but the Interior […]
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Sep 14, 2026 / Tyler Durden
"I'd Be Okay With That": Trump Says He's Open To Chinese Automakers Building Cars In US
"I'd Be Okay With That": Trump Says He's Open To Chinese Automakers Building Cars In US
In comments that most people missed on Friday, President Donald Trump suggested that he's open to letting Chinese automakers build cars on US soil.
The new cars unloaded from the BYD Changzhou ship at the Zarate Port on the Parana River in Zarate, Buenos Aires Province, Argentina taken on Jan. 19, 2026. Tomas Cuesta / AFP via Getty Images
Speaking with Fox News, Trump said that while he wouldn't allow Chinese cars to operate in the United States because the...
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