Telecommunications & Media

Apple foldable iPhone Ultra delay rumours lose force; initial supply shortage remains variable

Reports said Apple’s foldable iPhone, dubbed the iPhone Ultra, is moving toward a September unveiling and launch without delays. A source in China was cited as saying the production schedule is proceeding as planned, rejecting talk of major postponements. Separately, concerns remain about limited initial supply even if the phone launches on time. Analyst Ming-Chi Kuo warned early supply may not meet initial demand, potentially extending delivery waits.

Crypto

Bitcoin remains deeply undervalued for fifth month, rebound stalls as long-term holders sell at a loss

Bitcoin has stayed in a “deep undervaluation” zone for five months, trading below the average cost basis of major investors, an analysis showed. Glassnode said a bottoming process is under way but not complete, with further downside still possible toward the realised price of $53,000. It pointed to loss-taking by holders of 155 days or more as the main pressure, while institutional demand remains weak as spot bitcoin ETFs see net outflows and derivatives signals are mixed.