While Apple has yet to release a foldable iPhone, it is about to unveil a new series of foldables at its Unpacked event in August. As consumers switch to foldable phones in increasing numbers, the mainstream acceptance of the device will play out, according to the president of the mobile division of the company.

According to a post titled "The Mainstream Moment for Foldable Smartphones is Here," nearly 10 million foldable phones were shipped worldwide in 2021, a 300 percent increase over the previous year. "I think this growth will continue." The foldable devices are becoming widespread and staking a bigger claim in the market.

The number of foldables shipped last year could be overstated by Display analyst Ross Young, who believes 7.8 million were shipped, while the actual number is closer to 7 million. It doesn't sound like it's that big of a deal when you compare it to the hundreds of millions of phones that were shipped by SAMSUNG in the same year.

The adoption of foldables by consumers is increasing, and there is a clear presence on the market. According to Young, the brand with the highest percentage of foldable phones shipped in the year 2020 was SAMSUNG, with 87.8% of the total.

It seems more likely that Apple's entrance into the foldable market is just a question of when than it is. It is known that Apple has been working on foldable display technology for a long time. Although he believes Apple's first foldable device may be a hybrid iPad and iPhone, analyst Ming-Chi Kuo said in April that Apple is testing a foldable display.

Young said earlier this year that Apple's foldable phone won't be ready until 25 years from now. The news of the delay came after discussions with supply chain sources suggesting that Apple is not rushing into the foldable market. Next month will see the release of two new models, the Z Fold and Z Flip, which are expected to be a part of the growing market.