According to analyst firm CCS Insight, who predicted Apple would soon start experimenting with foldable technology, the company will most likely release an iPad with a folding screen in 2024.
On Tuesday, CCS Insight released its annual predictions report, in which the company's analysts project upcoming trends and products.
According to the most recent report from CCS Insight, Apple will introduce a foldable iPad in two years instead of a foldable iPhone first.
This is the opposite of other smartphone manufacturers like Samsung, who introduced foldable smartphones rather than tablets.
"A foldable iPhone is not currently necessary for Apple to produce. According to Ben Wood, chief of research at CCS Insight, "we believe they will reject that fad and perhaps try out a foldable iPad.
"Apple will be taking a huge risk by releasing a folding iPhone. To avoid cannibalizing the current iPhones, it would first have to be extremely expensive, Wood continued.
The analyst said a foldable iPhone would likely cost around $2,500. The most expensive model currently available from Apple is the iPhone 14 Pro Max, which has the most storage and costs about $1,599.