Apple's 'Surprise and Shine' Event Sets Stage for Price Hikes and Foldable Future
Apple's upcoming iPhone launch event is generating significant anticipation among tech enthusiasts. The company has dubbed the event 'Surprise and Shine,' but investors are already looking beyond the latest iPhones to potential price hikes and new features.
Prediction markets are wagering on various outcomes, with Polymarket assigning a 99% chance that the standard iPhone 18 Pro will launch at a price above $1,000. The base model is expected to cost more than its predecessor, which started at $1,099 for the 256GB variant.
Another area of focus is Apple's first foldable smartphone, with nearly all betting crowd in favor of its release. Wagers on the launch price were mixed, but a significant portion assigned an 89% chance that it would debut over $2,000.