Goldman Sachs: Galaxy Fold may represent a problem for Apple’s future foldable iPhone


Apple

Samsung took the wraps off Galaxy Fold yesterday, and the devices turn to be a 4.6-inch phone that converts into a 7-inch tablet. The handset is packed with an impressive package of specifications but comes for a massive $1,980 value that might be steep for the majority of the public. Despite this, the Global investment banking firm Goldman Sachs states that the introduction of the foldable phone could result in a real problem for Apple, but not in terms of being another worthy competition for the iPhone.

Analysts from Goldman Sachs say that the Galaxy Fold offers a “compelling form factor that only Samsung’s foldable OLED technology is capable of offering.” If the form factor catches on the public, Samsung would inevitably make Apple wait to obtain its foldable screens. A timeline published by a Korean firm in the last year states that Apple may become the last major smartphone company to release a folding smartphone. The timeline sees Apple releasing a device of this kind just in the second half of 2020.

“We see this as a potential problem for Apple this year though the lack of a device at this point drives us to reserve judgment.”

-Goldman Sachs

The first realistic render concept of a folding iPhone tops this article and surfaced a couple of days ago produced by the folks at Let’sGoDigital. The concept in question was based on a recent patent filed by Apple that shows a foldable iPhone that will fold vertically, instead of horizontally like the Galaxy Fold.

If the demand for foldable phones proves to be strong enough, Apple will have to consider some additional suppliers in order to not be miles behind from the rest of the competition. Especially after weak 2018 iPhone sales, that left great responsibility on the 2019 lineup shoulders. The company needs to get back on a track offering compelling new tech, instead of just providing some internal changes.

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