theSIGNAL BUSINESS
9 September 2026
"Design is not just what it looks like; design is how it works."
Business

Apple's First Foldable iPhone Tests a New CEO

At a Cupertino event this afternoon, Apple is expected to unveil a folding iPhone priced above $2,000 — its most significant hardware leap since 2007.

When Steve Jobs held up the original iPhone in January 2007, he described it as a device that would "change everything." Eighteen years later, Apple is preparing to change the object itself. At its "Surprise and Shine" event — scheduled for 10 a.m.

Pacific Time on its campus in Cupertino, California — the company is widely expected to reveal a smartphone that folds like a passport, expanding from roughly 5.5 inches when closed to 7.8 inches when open, effectively doubling the usable screen in a single motion. The launch carries weight beyond the hardware.

John Ternus, who assumed the chief executive role on 1 September, will take the stage for the first time as Apple's leader, replacing the long-serving Tim Cook. Apple has not introduced a genuinely new iPhone form factor in nearly two decades, which means the foldable device will function simultaneously as a product debut and as an early referendum on Ternus's leadership. Pricing is expected to exceed $2,000 — a premium over rivals already operating in this space, such as Google's Pixel 11 Pro Fold, which retails at $1,899. Samsung and several Chinese manufacturers have offered foldable handsets since the late 2010s, meaning Apple enters a market where consumer expectations have already been shaped by competitors across Asia and North America.

There are notable trade-offs embedded in the design. Because the device is too thin to house the camera array that Face ID requires, Apple is expected to rely on Touch ID instead — a step back in biometric terms for a company that pioneered facial recognition on phones. Prototype testing reportedly began as early as 2021 without any confirmed launch timeline, suggesting the path from experiment to product has been neither quick nor straightforward.

Photo: Evgeny Opanasenko / Unsplash
A folding smartphone open on a desk, its wide screen catching the light from above.
📱
$2,000+
Expected starting price of the foldable iPhone
Discuss
  • Why might Apple have waited until the late 2020s to release a foldable phone when rivals launched theirs earlier?
  • What are the advantages and disadvantages of replacing Face ID with Touch ID on a very thin device?
Business

Freeland's Warning on U.S.-Canada Trade Ties

When Chrystia Freeland sat across the table from American negotiators during the renegotiation of NAFTA — rebranded as the USMCA in 2020 — she learned precisely how much leverage geography and supply chains give each side. Now, as a former Canadian finance minister watching tariff threats rise again, she argues that the bilateral relationship is more fragile than the $900 billion in annual cross-border trade would suggest. Her core warning is structural: when Washington treats Canada as an economic afterthought rather than an integrated partner, both economies absorb the damage — a lesson, she notes, that policymakers on neither continent have fully priced in.
  • Can economic interdependence alone prevent political decisions that damage bilateral trade?
Business

War Hits Ukraine's Food Supply Chain

On 1 September, a Russian strike destroyed €4 million worth of stock in a warehouse near Kyiv belonging to Goodwine, a high-end Ukrainian supermarket chain — the third time its facilities had been hit since 2022, when a first attack wiped out €15 million in supplies. Ukraine's agrarian minister estimates food prices could rise by 2.5%, though Goodwine co-founder Dmytro Krymskiy puts the figure closer to 15%. He argues the increase will be driven not by shortages but by the steep cost of rebuilding more resilient supply chains — options that include relocating warehouses to Poland or splitting stock across multiple smaller sites.
  • Should businesses relocate supply chains abroad when their home country is at war?
I am excited about the incredible products already in the works and the ones we haven't even imagined yet.
John Ternus, Chief Executive Officer, Apple
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OCEANIA · Business
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EUROPE · Business
Europe’s fighter jet plans are in disarray. What happens next?
theSIGNAL IN THE LAB
IVOCABULARY
form factorreferendum
biometricbilateralagrarian
premiumresilient
IIGRAMMAR FOCUS
Nominalisation — converting verbs to nouns for formal register
Nominalisation transforms verbs or adjectives into nouns (e.g. 'negotiate' → 'negotiation', 'introduce' → 'introduction'), creating a more formal, compressed style common in journalism and academic writing.
introduction · negotiation · expansion · relocation · destruction · recognition · preparation · launch
  1. Apple's of a genuinely new iPhone form factor has not happened in nearly two decades.
  2. The of NAFTA into the USMCA required Chrystia Freeland to sit across the table from American officials for months.
  3. The foldable iPhone's screen — from 5.5 inches to 7.8 inches — effectively doubles usable display space in one motion.
  4. Facial via Face ID will reportedly be absent from the foldable device because the design is too thin to house the required camera array.
  5. The of warehouses to Poland is one option Goodwine's co-founder is considering to build a more resilient supply chain.
  6. The of €4 million worth of stock in a single Russian strike represents the third time Goodwine's facilities have been targeted since 2022.
IIIPHRASAL VERBS
Match the phrasal verb (1–6) to its correct definition (A–F). All six appear in today's articles.
  1. 1. hold up (as in: 'Steve Jobs held up the original iPhone')
  2. 2. price in (as in: 'policymakers have not fully priced in the damage')
  3. 3. wipe out (as in: 'a first attack wiped out €15 million in supplies')
  4. 4. split across (as in: 'splitting stock across multiple smaller sites')
  5. 5. take the stage (as in: 'Ternus will take the stage for the first time')
IVCRITICAL THINKING
Apple's foldable iPhone and Ukraine's warehouse strikes both illustrate how physical vulnerability — whether in a supply chain or a product design — forces organisations to make difficult compromises. To what extent do you think companies and governments systematically underestimate these structural risks until a crisis forces them to act? Use evidence from both articles to support your answer.
VCREATIVE · HEADLINES
Write a headline for the Apple foldable iPhone story in each of the following styles. One line each, no explanation:
  • TABLOID NEWSPAPER
  • LUXURY MAGAZINE
  • ACTIVIST BLOG
VIWRITING
Chrystia Freeland warns that a $900 billion trading relationship can still be fragile, while Ukraine's experience shows that even well-established supply chains can be dismantled overnight. Drawing on both stories, write a short paragraph arguing what practical steps governments and businesses should take to build genuine economic resilience before a crisis strikes.
VIIDEGREES OF EXTREMITY
Complete each ladder from mild to strong.
  • change
  • damage
  • difference
  • costly
  • warning
  • partner
VIIISPEAKING
  1. How far can a single product launch rebuild consumer trust in a brand?
  2. When does protecting a domestic supply chain become a national security issue?
  3. Should governments subsidise businesses whose assets are destroyed in wartime?
  4. How much should trade volume influence a country's foreign policy decisions?