00:00It's Benzinga bringing Wall Street to Main Street!
00:02Apple Inc. is prioritizing production and shipment of its premium iPhone models for
00:072026, delaying the standard iPhone 18 due to supply chain constraints, according to Nikkei Asia.
00:13Apple plans to launch its first foldable iPhone and two high-end non-folding models
00:18with advanced cameras and larger displays in the second half of 2026, while the standard
00:23model is expected to ship in the first half of 2027. The strategy aims to streamline resources
00:29and support revenue as component costs rise and foldable production adds complexity.
00:34The shift follows Apple's first quarter earnings beat, with revenue of $143.76
00:39billion driven by strong iPhone sales and an installed base exceeding $2.5 billion.
00:45For all things money, visit Benzinga.com.
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