Apple’s foldable iPhone could be its most exciting launch in yearsOver time, Apple has launched various products that made people excited; among them, we can mention the original iPhone, iPad, Apple Watch, and AirPods. Nevertheless, recently there has been no introduction of totally new product lines. However, the foldable iPhone has the potential to break the existing trend as it offers something more than just the classic iPhone.The upcoming gadget will operate in a conventional way when folded but unfold in order to show a much bigger screen that can be used for watching videos, playing games, making video calls, and doing business. Reportedly, those users who had tried the future iPhone were impressed with the pocket size of the device, folding mechanism, and application layouts similar to the iPad.Apple is late, but could make foldables mainstreamFoldable phones have been around for several years now, with Samsung, Huawei and Google already offering multiple generations of devices. Samsung’s latest Galaxy Z Fold 8 has also shown how much the category has matured. Apple, therefore, will not be introducing the concept to the market for the first time.But the greatest strength that Apple has is that of a huge installed base and market reach. When Apple introduces its own foldable phone, millions of iPhone owners could get their hands on a device that can actually give them the experience of owning a foldable smartphone. This could also lead to an overall boost for this segment of smartphones, which could even help some Android vendors.A $2,000-plus price could raise expectationsThe foldable iPhone will definitely come with a price tag in excess of $2,000. With this price, it will be a part of the ultra-premium range, potentially acting as the halo product in the iPhone line-up; however, customers expecting the absolute best from Apple products will definitely be prepared to see the best hardware everywhere.A significant sacrifice can be seen in the area of cameras; according to the report, the device will not have a telephoto camera. It will be quite problematic for customers prepared to pay this amount of money to get a truly perfect smartphone without any compromises at all. Apple may go with Touch ID authentication technology instead of using Face ID. Even though it is quite familiar to the owners of Macs and some iPads, it is definitely a move back for those getting used to Face ID technology.