Apple Stock Dips Ahead of Foldable iPhone Launch

Apple's stock price slipped by 0.9% on Wednesday to $313.16, ahead of its scheduled product event where it is expected to unveil its first foldable iPhone.

The new form factor could potentially lift the pricing for Apple's iPhones, but with nearly doubled inventory, the company faces higher execution stakes.

According to Apple's latest financial statements, iPhone revenue accounted for 49.6% of quarterly sales at $54.25 billion, while inventory climbed to $11.09 billion, roughly 94% above its September 2025 level.