Apple's new CEO, John Turner, will host the foldable iPhone launch event in September.

CoinFeed reported on April 27 that John Ternus will officially take office as Apple's new CEO on September 1, 2026. Within two weeks, he will release the first foldable iPhone, expected to be priced above $2,000, emphasizing durability, performance, and a large, iPad-like horizontal screen. The report indicates that Ternus will have approximately 10 new product categories in development when he takes over, including smart speakers with screens, desktop home robots, home security equipment, smart glasses with cameras, AI AirPods, wearable pendants, touchscreen Macs, a high-end foldable iPad, and lightweight AR glasses planned for release between 2028 and 2030.