iPhone Ultra's Price Range Revealed

Bloomberg’s Mark Gurman reports Apple may unveil a foldable iPhone in September.

The handset is rumored to carry the iPhone Ultra name and be the most expensive iPhone yet.

Gurman says U.S. pricing is expected to top $2,000, with speculation from $1,999 to $2,799.

It would open like a book, offering a 7.7-inch inner display and a 5.3-inch outer display for media and multitasking.

Reported hardware includes two rear cameras, one front camera, a Touch ID power button, and a reduced (not eliminated) crease.