iPhone Fold rumored to cost over $2000

The iPhone Fold will be an extremely expensive smartphone to purchase, with a leaker claiming it could be priced at more than $2,000 at launch.

The iPhone Fold is a long-rumored smartphone that Apple has reportedly been working on for years. While it is expected to be a premium offering whenever it ships, the price to consumers could be extremely high relative to the typical iPhone releases.

According to serial leaker “Instant Digital” on Weibo, the price could end up being between $2,100 and $2,300 to consumers. Though they do not disclose their actual working out of that price range, the leaker claims it’s based on Apple’s typical iPhone profit margin.

They go on to say it’s “not much more expensive than Samsung.” For reference, the current Samsung Galaxy Z Fold6 is priced on the company’s website at $1,899 at its lowest capacity.

Instant Digital, also known as “Setsuna Digital” has a reasonable track record, including claims about the last few generations of iPhone. However, there have been occasional misses in terms of accuracy too.

An expensive proposition

As a folding device and a brand new product category for Apple, the iPhone Fold is always expected to be a more premium product than the standard iPhone. With more moving parts and increased research and development, the price can only go up.

What helps the Instant Digital leak is that analysts have made similar guesses. Barclays analyst Tim Long said in March that the iPhone Fold could have a starting price at around $2,300, with the upper bound being a few hundred dollars more based on typical storage price increases.

Ming-Chi Kuo also made a March forecast, offering that it will cost between $2,000 and $2,500.