Apple's upcoming foldable iPhone, rumored to be called iPhone Ultra, is expected to have limited initial supply and may face a delayed launch. The device is rumored to feature a 5.5‑inch external display and a 7.8‑inch internal display, be under 5 mm thick when unfolded, and be priced between $2,300 and $2,500, according to analyst Ming‑Chi Kuo. Kuo estimates that Apple will produce about 7–8 million foldable units in the second half of 2026, with shipments of 0.5–1 million in the third quarter, roughly 10 % of total output. By comparison, Apple is projected to ship 20–22 million iPhone 18 Pro and Pro Max units in the same quarter. The limited shipment volume suggests that the device may not be widely available at launch, and delivery times could extend to four to six weeks or longer, possibly pushing availability into December. Kuo also notes that the scarcity could lead to resale premiums of 50 % to 100 % above retail price. Apple is expected to begin building inventory for the device in September, but the low production numbers make a September release uncertain, similar to the iPhone X. Kuo expects supply constraints to ease by the first quarter of 2027, after which demand for the foldable iPhone will become clearer.