Apple has been rumored to be working on new foldable devices, which will be a first for the Cupertino-based company. A new report by analyst Jeff Pu of GF Securities not only corroborates the launch of Apples first foldable in 2026, but suggests that it will help the company recover from lower iPhone sales in 2025.Latest rumors on Apples first foldable deviceIn a note to investors seen by 9to5Mac, Pu claims that the delay of the new Siri experience until 2026 has lowered market expectations for this year when it comes to iPhone sales. Thats because some customers may no longer see a reason to upgrade their phones this year after Apple promoted the iPhone 16 as the first iPhones really built for Apple Intelligence, but ended up not delivering the features on time.But what could save the company from weak demand for iPhones? According to the analyst, Apples first foldable device will play an important role in this. Corroborating reports from other analysts such as Ming-Chi Kuo, Pu says that the market will recover in 2026 regardless of Apple Intelligences capabilities, mainly driven by Apples two foldable devices.The analyst says that at least one of Apples new foldables is targeted to enter mass production in the second half of 2026, as Apple has already been working with suppliers on the design and development of the new products (a process known as NPI). According to Pu, the foldable remains on track to enter the P1 stage next month. For those unfamiliar, this is an early stage of prototyping at Apple.Earlier this month, Ming-Chi Kuo reported that the first foldable iPhone coming in 2026 might cost more than $2,000. The device will be sold as an even more premium version of the iPhone, with a 7.8-inch main screen and a 5.5-inch external display. The device will look like an iPad mini when unfolded.Apple is also working on a foldable device with an 18-inch screen, which could end up becoming a new Mac or iPad. The company aims to create foldable devices with an invisible crease.Are you excited to see Apples first foldable devices? Let us know in the comments section below.Gadgets I recommend:Add 9to5Mac to your Google News feed. FTC: We use income earning auto affiliate links. More.Youre reading 9to5Mac experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Dont know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel