US Stock Market Move | The mass production and shipment of the first foldable iPhone may be delayed by several months. Apple Inc. (AAPL.US) saw its initial decline expand to 4% in early trading.

On Tuesday, Apple Inc. (AAPL.US) fell by 4% in early trading, now trading at $247.66. According to sources, Apple Inc. faced setbacks in the engineering testing phase of its first foldable iPhone, which could lead to delays in its mass production and product shipment plans. Media reports suggest that engineering development issues could potentially delay the initial shipment of the foldable iPhone by several months in the worst-case scenario. The report quoted an insider as saying, "There have indeed been more issues than expected in the early testing production stage, requiring more time to address these issues and make necessary adjustments." Media had reported in January that Apple Inc. would focus on launching its first foldable iPhone and two non-foldable models with upgraded cameras and larger screens, with plans for a flagship release in the second half of 2026.