Morgan Stanley predicts that the foldable iPhone could contribute approximately $14 billion to Apple's revenue in the December quarter
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Morgan Stanley noted in an email report on Wednesday that Apple's upcoming first foldable iPhone could increase its revenue by approximately $14 billion in the December quarter. The firm estimates that foldable iPhone shipments will reach 6.5 million units in that quarter, generating around $14 billion in revenue and accounting for 16% of total iPhone sales for the quarter.