With Apple's September 9 event just days away, leaks surrounding the company's long-rumored foldable iPhone, widely expected to be called the iPhone Ultra, have intensified dramatically, painting a picture of one of the most expensive and technically ambitious iPhones ever made. According to multiple leakers and supply chain analysts, the device is expected to feature a 7.8-inch inner display alongside a roughly 5.5-inch outer display with a more traditional 4:3 aspect ratio, wrapped in a titanium and aluminum frame connected by a liquid metal hinge designed to minimize the crease long associated with foldable phones. Reported thickness measurements put the device at around 4.5mm when open and 9.5mm when folded, figures that would make it one of the thinnest foldables on the market if accurate. Rumored color options reportedly include Space Gray and Black, though Apple has not confirmed any details about the device's design or branding.

Perhaps the most eyebrow-raising element of the leaks is the price. Multiple analyst estimates, including from research firm TrendForce and veteran Apple analyst Ming-Chi Kuo, have pointed to a starting price somewhere between $2,099 and $2,299, with some reports suggesting top-tier storage configurations could push past $3,000 entirely. That would make the iPhone Ultra by far the most expensive iPhone Apple has ever released, positioning it well above even the priciest existing Pro Max models. On the camera front, leaks point to a dual 48-megapixel setup featuring a main and ultra-wide lens, notably omitting a telephoto lens, which would be an unusual limitation for a device priced at this level.

Under the hood, the device is expected to run on Apple's new A20 chip, built on TSMC's advanced 2-nanometer manufacturing process, a significant leap from the 3-nanometer chips used in current iPhone models. Leaks consistently point to 12GB of RAM, a figure several reports tie directly to the processing demands of Apple's expanding Siri AI features, alongside a new Apple-designed C2 modem. In one of the more striking hardware changes, multiple sources indicate Apple is abandoning Face ID entirely on this device in favor of a Touch ID sensor built into the side power button, a notable departure from the facial recognition system that has defined iPhone security since 2017.

While leaks have grown increasingly detailed and consistent across multiple sources in recent weeks, it's worth noting that Apple has not officially confirmed the device's name, pricing, or full specifications, and some reports have suggested the company could unveil the foldable at its September 9 event while delaying broader retail availability due to production challenges. Given how closely many of the leaked specifications align across independent analysts and supply chain sources, expectations are running high that this year's event will finally confirm Apple's long-anticipated entry into the foldable phone category. Whether the final device matches the leaked price tag and specifications, or whether Apple has a few surprises left to reveal, should become clear within days.