A recent survey reveals that while a quarter of American adults find the rumored iPhone Ultra — Apple’s expected first foldable device — intriguing, most aren’t willing to pay what it’s likely to cost. While 25% expressed interest in owning one, the survey also shows that price expectations among consumers fall far below what analysts anticipate for the device.
Who’s Interested — And Who’s Not
The survey, conducted online by YouGov between August 13–17, 2026 with 2,605 U.S. adults, found that 75% say they are not interested in purchasing a foldable Apple device, such as the anticipated iPhone Ultra. That makes the 25% who are interested noteworthy, especially since foldables remain a niche product category. Generational gaps are clear: only 13% of Baby Boomers express interest, rising through Generation X at 23%, then to 31% among Gen Z, and reaching 32% for Millennials. This reinforces a common pattern in tech adoption — younger groups are more curious about experimental form factors.
Money Talks: Willingness to Pay vs Rumored Costs
Interest alone doesn’t translate into spending power. Respondents overall said they would be willing to pay about $781 for a foldable iPhone. Gen Z leads the pack with a top willingness to spend averaging $919, followed by Millennials at $859. Members of Generation X reported a $690 average, and Boomers trailed at $572. These figures are far below the $2,000+ price range projected by analysts for the iPhone Ultra — setting up a clear tension between what consumers want and what analysts expect Apple to charge.
Broader Upgrade Plans and Economic Headwinds
Another factor cutting into demand? Device price hikes and shortages in memory components. Around 41% of those surveyed say these economic pressures have caused them to rethink when or how they’ll upgrade their smartphones. Alternatives like buying older or cheaper models, switching brands, exploring refurbished devices, or waiting for trade-in/carrier deals are being considered. Meanwhile, 22% of adults say they don’t intend to upgrade anytime soon — a sentiment strongest among older generations.
The iPhone Ultra, if it launches at prices hovering around $2,000 or more as rumoured, could remain a premium niche offering rather than mass-market game-changer. But its existence may still serve multiple strategic roles for Apple: expanding the product portfolio, demonstrating engineering lead, and satisfying the segment of users who are drawn to premium, cutting-edge designs.