Apple’s first foldable device may launch next year

Apple may introduce its first foldable device in 2024, which could be a folding iPad. While we may not get a new iPad in 2023, we could see a new folding iPad joining the lineup next year.
Analyst Ming-Chi Kuo had previously hinted that Apple has been working on a foldable iPad but did not say when it would launch. Now, Kuo, in a tweet, says that he is “positive” that the foldable iPad could launch as soon as next year.
In the tweet, Kuo predicts a 10 to 15 percent decline in iPad shipments in 2023. However, the analyst says that the introduction of the new foldable iPad in 2024 will benefit the shipments while also improving the product mix.
Kuo does not divulge much into what to expect from the foldable iPad except that it would feature a kickstand made of carbon fibre.
No new iPads in 2023
Apple started 2023 with new M2 series chipsets, MacBooks, Mac mini, and HomePod. Soon, it is expected to unveil its first-ever mixed-reality headset, and as usual, there will be new iPhones, Apple Watches, and even the new Apple Silicon Mac Pro. But, we may not get a new iPad this year, suggests Kuo.
New iPad mini to launch in 2024
Apart from the foldable iPad, Kuo suggests that Apple will also refresh the iPad mini in 2024 with a new processor. The new iPad will go into mass production in the first quarter of 2024, says Kuo.
There have been rumours of the foldable iPad aiming to replace the iPad mini, but as per Kuo, that would not happen. The analyst says that the foldable iPad would be a lot more expensive than the iPad mini. So, it is unlikely that the folding iPad would ever replace the iPad mini.

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