Bank of America Merrill Lynch said the smartphone maker is working with its Asian partners on a foldable phone.
Mohan gathered this information after meeting with several Apple suppliers in Asia. It's also a rare occasion for an Apple confab outside its home state of California.
The top Wall Street firm analyst also said they expect no major changes in the upcoming OLED versions of iPhones except some size changes.
However, Apple has filed some patents for devices with foldable screens over the past few years.
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The key to this technology is found in the development of OLED panels. The foldable phone is great for multitasking and gaming but the specs were not that spectacular. Can Apple do better? But as the company has driven toward mass-market and higher-margin products in recent years, Google and Microsoft have had success breaking into classrooms with cheap laptops and tablets. Instead, it'll be a phone with a foldable display that presumably works in folded and expanded configurations. The company does not normally host events in March, with announcements being restricted to June (WWDC) and September (iPhone event).
Our guess is that, while Apple may be working on a foldable product, it is not necessarily meant to be a new iPhone. It would have a full-screen display with a flexible area in the middle that bends to separate the screen into halves (like a book).
The idea of a foldable smartphone is one that just won't die. To help them in their respective fields, the company will introduce a new budget-friendy iPad 2018 device, along with a new educational software. Samsung and Lenovo have concept phone demos. That assumes that the phone would be presented after two new generations of iPhone: 2018 (of which already said there would be new iPhone X) and that of 2019.