Apple Stock Outlook: Foldable iPhone Boosts Growth Potential
Apple's stock outlook remains constructive but not risk-free following the launch of its iPhone Duo and iPhone 18 Pro models. The foldable iPhone creates a new growth avenue, but supply limits, margin pressure, and AI execution remain the valuation test.
The event saw Apple unveil the $1,999 iPhone Duo, priced $100 higher than its predecessors. Despite this, the market reaction was muted, with Apple closing at $315.34, down 0.28%, on September 9, 2026. However, it traded 0.75% higher pre-market on September 10, suggesting investors see potential.
Analysts at Melius estimated up to 15M Duo units in fiscal 2027, which could lift iPhone revenue growth towards 20%. This is above the current 9% consensus cited in the report. Apple's monthly technical signal is Strong Buy, while the weekly signal is Buy.