US Stock Market Move | Apple Inc. (AAPL.US) rises by over 3% with expectations of increased stockpiles for the first foldable screen iPhone.

date
22:21 02/07/2026
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GMT Eight
On Thursday, Apple (AAPL.US) stocks opened high and continued to rise, with an increase of over 3% as of the time of writing.
On Thursday, the stock price of Apple Inc. (AAPL.US) opened higher and continued to climb, with an increase of over 3% at the time of writing. According to media reports, Apple Inc. has raised its first foldable screen iPhone production expectations from 7-8 million units to around 10 million units. It is reported that Apple Inc. has already locked in components for approximately 80 million smartphones to be launched in the second half of 2026, including the iPhone Pro, iPhone Pro Max, and the first foldable screen iPhone. At the same time, there are reports that Apple Inc. is in negotiations with Yangtze Memory Technologies and Yangtze Storage for the purchase of storage chips to be used in some products sold in the Chinese market, in order to alleviate the cost pressure caused by the tight global supply of storage chips.