Apple (AAPL) is planning significant design and format changes for its iPhone lineup and possibly other products, the Wall Street Journal reported citing people familiar with the matter.
Starting next year, Apple will introduce a thinner iPhone model, slimmer than the current 8-millimeter profile. This new model will be more affordable than the Pro versions, featuring a simplified camera system to reduce costs, the report said.
In addition, the report said that Apple is developing two foldable devices: one that can double as a laptop and a smaller one functioning as a foldable phone. These foldable devices have been in development for years, but essential components weren't ready, posing challenges, especially with the hinge mechanism.
Apple experimented with various designs, including a display on the outside of the folded device, but now prefers an inward-folding design. The company aims to release the foldable iPhone in 2026, as reported by the Journal.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.