tech

Rani Molla8/25/25

Skinny, foldable, curved: Apple’s three-year plan to finally change how the iPhone looks

At its annual iPhone event in September, Apple plans to debut the first of three phones to notably change how iPhones look for the first time in years. Bloomberg laid out the timeline of the physical makeovers:

2025: A skinny iPhone Air that follows the company’s laptop strategy.
2026: Apple’s first foldable phone that opens into a small tablet.
2027: Curved glass edges for the iPhone’s 20th anniversary and to fit in with Liquid Glass interface.

Last year, Apple began a journey to reinvent the iPhone from the inside with Apple Intelligence branded AI — an effort that’s so far failed to deliver and has trailed peers like Google.

Apple to Kick Off Three-Year Plan to Reinvent Its Iconic iPhone

Apple to Kick Off Three-Year Plan to Reinvent Its Iconic iPhone

2025: A skinny iPhone Air that follows the company’s laptop strategy.
2026: Apple’s first foldable phone that opens into a small tablet.
2027: Curved glass edges for the iPhone’s 20th anniversary and to fit in with Liquid Glass interface.

Last year, Apple began a journey to reinvent the iPhone from the inside with Apple Intelligence branded AI — an effort that’s so far failed to deliver and has trailed peers like Google.

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Tesla just recalled its beleaguered Cybertruck for the 10th time since the vehicle was introduced two years ago. This time the company recalled about 6,000 of the “apocalypse-proof” vehicles due to what the National Highway Traffic Safety Administration says is an improperly installed “optional off-road light bar accessory” that could become disconnected from the windshield while driving, and could “create a road hazard for following motorists and increase their risk of a collision.”

CEO Elon Musk once said he could sell up to 500,000 of the stainless steel behemoths a year. In the first three quarters of this year, the company has sold only about 16,000.

Microsoft: Forget what we said, we are going to keep spending on capex

Last quarter, the company offered guidance that its capex spending would be lower in the second half of the fiscal year. Yesterday it said spending would go up.

Microsoft Celebrates Its 50th Anniversary With Copilot AI Event

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Analysts lower Meta price targets after social media giant says AI capex will keep climbing

Meta may have posted record revenue Wednesday but the stock is deeply in the red in the wake of its third-quarter earnings report, after the social media company said that its capital expenditure on AI would continue to rise.

The earnings prompted a number of analysts to lower their price targets or downgrade the stock.

RBC Capital lowered its price target to $810 from $840. Bank of America Securities lowered its price target to $810 from $900. Barclays, JPMorgan, Deutsche Bank, and Wells Fargo also lowered their price targets on the company.

Earlier today, Benchmark downgraded its rating to a “hold” from a “buy.” Oppenheimer downgraded the company to “perform” from “outperform,” saying the “significant investment in Superintelligence despite unknown revenue opportunity mirrors 2021/2022 Metaverse spending.” Ouch.

Capex marks the spot

Big Tech capex approaches $100 billion and Dan Ives loves it

AI spending shows no signs of flagging.

Meta, Microsoft, Alphabet and Amazon capex

Apples to apples

Apple is becoming more of a services company and less a product company

Apple reports earnings Thursday.

People Walk Past Apple Store Displaying iPhone 17 Pro Poster in Chengdu

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