Apple is set to hold its annual hardware event on Wednesday in Cupertino, where it is expected to unveil a foldable iPhone, rumored to be called the iPhone Ultra. This will be the first major event under new CEO John Ternus, who succeeded Tim Cook on September 1. Ternus, who has been with Apple since 2001, promised a 'phenomenal' event. The foldable iPhone is reported to start at $2,000.
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