Ming-Chi Kuo: Apple's only foldable product in development is expected to be mass-produced by Apple in 2027.

Guo Mingchi stated that his latest research shows that Apple's only foldable product with a clear development schedule is the one with a approximately 20.3" display, expected to be mass-produced by Apple in 2027. At the same time, Apple's shipment expectations have been lowered due to intense market competition, especially from Huawei, leading to a decline in iPhone sales. Additionally, Apple's progress in AI is slow, which may further drive down its stock price. Goldman Sachs has removed Apple from its "best buy list," with concerns about Apple's long-term sales slump being the main reason for the adjustment. In summary, Apple is facing challenges in the development of foldable products, market competition, and progress in AI.