Apple plotting iPhone lineup overhaul, including 'foldable' version by 2026: report

Today's Business Headlines: 08/20/25

Apple is reportedly plotting a major shakeup of its iPhone lineup as it looks to jump start the iconic smartphone’s sagging sales.

The Air version of the iPhone will be reminiscent of the Apple’s thinner, lighter laptop of the same name. The sleek design will come with some drawbacks, including less battery life than the flagship iPhone and only one rear camera. The planned revamp comes at a critical time for CEO Tim Cook and Apple, which has struggled with a messy rollout of artificial intelligence features onto its devices. Meanwhile, iPhone, which still comprise the bulk of the company’s revenue, have stagnated in recent years.to complete its long-delayed overhaul of the Siri voice assistant – the planned centerpiece of what the company has dubbed “Apple Intelligence.

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