00:00It's Benzinga bringing Wall Street to Main Street.
00:02Apple stock rose in Wednesday pre-market trading after reports said its first foldable iPhone
00:07remains on track for a September launch, countering earlier concerns about engineering challenges.
00:12The device will debut alongside the iPhone 18 Pro and Pro Max during Apple's usual autumn event,
00:18according to Bloomberg. A Nikkei Asia report citing sources on Tuesday suggested engineering
00:22test challenges. The foldable model is expected to cost more than $2,000 and aims to reduce the
00:27visibility of the screen crease when unfolded. Apple did not immediately respond to Benzinga's
00:32request for comment. It will feature a wide landscape orientation and updated iOS software
00:37that allows apps to function like iPad apps. Shares were up 2.35% at 259.45 during pre-market
00:45trading on Wednesday, according to Benzinga Prodata. For all things money, visit Benzinga.com.
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