This is according to Bloomberg’s Mark Gurman who wrote in his Power On newsletter that it will be at least 2-3 years before Apple is ready to launch their own foldable iPhone. By that time, it would have allowed Samsung to gain a strong foothold in the foldable market, but then again, Apple isn’t really the type to rush features out to the market just because it’s the trendy thing to do.
Apple has never publicly stated their interest in exploring foldables, but there have been patents discovered in the past that hint that Apple is exploring the concept, at least behind the scenes. However, as with most patents, it’s hard to say if they’re merely looking into an idea or if it’s something they’re actively pursuing.
Either way, a foldable iPhone could be interesting, but as it stands the jury is still out on whether or not foldables are the next standard in smartphones. Right now, the majority of foldables are simply too expensive to gain any mainstream traction, so maybe Apple is waiting for prices to go down a bit before jumping on the bandwagon.