KEY TAKEAWAYS: Apple is rumored to launch its first foldable iPhone as part of its 2026 lineup. The iPhone 18 Pro models could feature a variable-aperture camera system and smaller Dynamic Island. A new A20 Pro processor built on a 2-nanometer process is expected to improve performance and bat tery life. Analysts say Apple may split future iPhone launches, releasing premium models before standard versions.   Apple is preparing what could be one of the most significant redesigns of the iPhone in years, according to a growing number of industry reports and supply-chain leaks pointing to major hardware upgrades and the debut of the company’s first foldable smartphone in 2026. According to Forbes, the anticipated lineup, expected to be unveiled during Apple’s traditional fall product event, would include the premium iPhone 18 Pro and iPhone 18 Pro Max, alongside a long-rumored foldable device that could mark Apple’s entry into a rapidly expanding category currently dominated by Samsung and other competitors. Among the most notable rumored changes is a new variable-aperture main camera system for the Pro models. The technology would allow users to adjust how much light enters the camera lens, offering greater control over depth-of-field effects and bringing smartphone photography closer to capabilities traditionally associated with DSLR cameras. The upgraded camera system is expected to require a larger rear camera module, potentially resulting in slightly thicker devices than previous generations, according to MacRumors. Apple is also reportedly working to move key Face ID components beneath the display, a change that would significantly reduce the size of the Dynamic Island, the pill-shaped cutout introduced on recent iPhone models. Leaks suggest the redesign could leave only a small pinhole front-facing camera visible on the screen. The company is further expected to introduce a new A20 Pro processor built using Taiwan Semiconductor Manufacturing Co.’s advanced 2-nanometer production process, according to reporting by Mashable. The chip is expected to deliver faster performance while improving battery efficiency, continuing Apple’s focus on balancing power and energy consumption. Perhaps the most closely watched product is Apple’s first foldable smartphone, which has been the subject of speculation for years. Reports indicate the device could feature a 7.8-inch interior display paired with a 5.5-inch external screen, all housed in an ultra-thin design intended to compete directly with premium foldable devices already on the market. Industry analysts say Apple may also be planning a significant change to its release strategy. Rather than launching all iPhone models simultaneously, the company is rumored to be splitting its lineup, with high-end devices arriving in fall 2026 and standard entry-level models delayed until spring 2027. The move could allow Apple to focus production capacity on its premium devices while simplifying manufacturing during the launch period. While Apple has not publicly commented on any future products, the rumors have fueled anticipation among consumers and investors alike. Analysts caution, however, that many details remain unconfirmed and could change before launch. The reported upgrades may also come with a higher price tag. Rising production costs, particularly for advanced display technology, memory components and next-generation processors, have led some industry observers to speculate that flagship models could cost as much as $200 more than their predecessors. Apple typically announces new iPhones in September, though the company has yet to reveal its plans for the 2026 lineup. This article originally appeared on NorthJersey.com: What does Apple have in store for next iPhone? The latest Reporting by Manahil Ahmad, NorthJersey.com / NorthJersey.com USA TODAY Network via Reuters Connect ...read more read less