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Apple’s iPhone Ultra foldable is likely to launch for over Rs 2 lakh but…

Mobile By Aadeetya Sriram
Last Updated: 2026-08-03 09:45:25
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Apple’s new iPhone 18 Pro series launches in a month’s time and the company is also tipped to unveil its first ever iPhone foldable at the same event in September. This new device, many expect, to be a lot like the recently launched passport-style Galaxy Z Fold 8 model but Apple will have its own software flavour combined with an eye-catching price tag.

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  • bulletsiPhone Ultra foldable likely to cost over Rs 2 lakh.
  • bulletsApple offers a new lease program for iPhones.
  • bulletsFoldable may unveil at September iPhone event.
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The company has been building up the big launch over the last few years and 2026 could finally be the end game for Apple and its foldable ambitions to get a lift off. Apple products have only gotten more expensive with each model, so expecting the iPhone Ultra foldable to be priced lower is always a wishful thinking.

iPhone Ultra foldable to be priced at Rs 2 lakh, Apple’s most expensive 

The report from Bloomberg claims Apple will charge at least $2,000, if not more for its Ultra foldable. This puts the new device well above the Rs 2 lakh price range in markets like India, almost as much as the higher tier Samsung Galaxy Z Fold 8 Ultra model in the country.

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Even by Apple’s standards, this will be a premium offering, which the company might somewhat offset by appealing to the buyers with its new Upgrade leasing program.

Industry analysts have mentioned that even with such a higher price tag, Apple could easily capture around 25 percent of the foldable market with the iPhone Ultra, which again tells you the brand value and image of the brand.

The way the prices of phones have gone up in the last 6 to 10 months, Apple will feel the new levels are rather justified, all thanks to the memory shortage impact.

Buy or lease…the iPhone Fold

Apple always had a plan to make its most-expensive iPhone look appealing to the buyers. The new lease program is tipped to make the foldable available for around $60 to $70 (Rs 6,300 approx) per month for a period of around 24 months.

This could become a smart and somewhat economical way for people to own the iPhone foldable and still have the room to either fully own the device after the lease period or return it and get the second-gen model from the company.

Apple’s next big iPhone event is expected around the first week of September which is usually going to be on 8 or 9 of the month. We also see the new iPhone 18 Pro and 18 Pro Max announced while the company keeps the stage warm for the regular iPhone 18 launch in early 2027 to keep buyers interested in the new upgrade.

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