Recent supply chain reports and Bloomberg’s April confirmation that Apple’s first foldable iPhone remains on track for a September 2026 debut alongside the iPhone 18 Pro models have anchored trader sentiment at an 82% implied probability of a release before 2027. Multiple analysts, including Ming-Chi Kuo, align on a premium book-style device entering limited production this year, consistent with Apple’s typical fall hardware cadence despite earlier hinge and engineering concerns from Nikkei that could shift initial shipments to December. Key near-term catalysts include final manufacturing ramp-up at Foxconn and any official signals ahead of the expected launch window, though supply constraints remain a noted risk factor in an otherwise strong consensus.