We are just a few months away from Apple's big annual September iPhone event, where the company will undoubtedly make major announcements about the iPhone 18. There are also reports that the long-awaited foldable iPhone, known as iPhone Ultra, will be announced at the event.
A new report from an Apple analyst today says the iPhone Ultra will likely launch at a price between $2,300 and $2,500. That's roughly twice the price of the iPhone 17 Pro Max.
If you're really set on buying the foldable iPhone but are a little turned off by the price, here's how to justify it. The iPhone Ultra isn't just a foldable iPhone. It's also going to be like having a pocket-sized, foldable iPad.
When closed, the iPhone Ultra will look like the average iPhone. However, when opened, the iPhone Ultra's inner display will be just like an iPad mini-sized OLED display with a 4:3 aspect ratio. The iPhone Ultra reportedly measures at 7.8 inches when opened, putting it right around the size of the 8.3-inch iPad mini.
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Over on Reddit, one user created a size comparison image of the iPhone Ultra's reported dimensions alongside Apple's current iPad lineup, including the iPad mini and iPad Pro.
The iPhone Ultra, when opened, seems more like a part of the iPad family than any iPhone model.
In fact, the iPhone Ultra looks like it'll be wider than other foldable smartphone models from Apple's competitors, such as Google's Pixel 10 Pro Fold, Samsung's Galaxy Z Fold 7, and the Motorola Fold.
When the iPhone Ultra is officially announced, it'll be interesting to see whether Apple positions the foldable device as more than just an iPhone but also a pocket-sized tablet. Based on its reported display, the iPhone Ultra can certainly serve that purpose.
There will likely be many more leaks and rumors in the weeks to come. We'll officially find out more at the Apple event in September.