The foldable iPhone from Apple is about to be released, and the new CEO faces a major test

After Apple Inc.'s market value soared to $570 billion, the new CEO Tim Cook will welcome the release of the foldable iPhone. Since the price increase announcement on June 25, the stock price has risen by 15%, but it is still 7% lower than the peak on July 28.

Morgan Stanley estimates the starting price of the foldable iPhone to be between $2,300 and $2,500, with first-quarter shipments expected to be around 6.5 million units and sales of approximately $14 billion.