Apple jumped +4.84% to $308.63 today after reports it raised its first foldable iPhone production target to ~10 million units — up from an earlier 7-8M estimate — and plans at least 5 new iPhone models launching through H1 2027. Morgan Stanley sees a path to 250M+ iPhone shipments in FY2027 if AI features and the foldable drive a fresh upgrade cycle. Markets closed early today ahead of July 4th, but AAPL still posted one of its best single-day moves in months. Could the foldable be the start of the next mega-cycle for Apple? Not financial advice.
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