Strong analyst reports and supply chain updates, including detailed leaks from Bloomberg’s Mark Gurman, position Apple’s first book-style foldable iPhone—widely expected as the premium “iPhone Ultra”—for announcement at the September 9 “Surprise and Shine” event alongside iPhone 18 Pro models, creating roughly even odds. The device’s advanced hinge, crease-minimizing OLED displays (roughly 5.5-inch cover and 7.8-inch inner), titanium build, and pricing above $2,000 reflect extensive development progress, yet Apple maintains its traditional secrecy with no official confirmation. Manufacturing timelines have faced occasional scrutiny over hinge validation and yields, leaving room for last-minute shifts. The event itself, plus any final pre-event reporting or executive statements, will serve as the decisive catalyst for trader consensus.