Apple Stock Surges 12% in Five Trading Days as Foldable iPhone Inventory Target Raised to 10 Million Units

According to Nikkei Asia, over the past five trading days Apple stock has surged 12%, adding approximately $49.17 billion to the company's market value. The rally was driven by reports that Apple has raised its inventory target for the year's first foldable iPhone to 10 million units, up significantly from the previous estimate of 7 to 8 million.

Research firm Counterpoint Research projects that Apple's entry into the foldable market will drive 24% year-over-year growth in global foldable panel shipments in 2026, with revenue growth reaching 48%. In panel procurement share, Apple is positioned second at 29%, behind Samsung's 31%.