Apple already feeling the heat? Co-founder Steve Wozniak ‘really’ wants a folding iPhone

Apple Inc. co-founder Steve Wozniak doesn’t want to wait for a folding iPhone.

“Apple has been a leader for quite a long time in a few areas such as Touch ID, facial ID, and easy payment with the phone,” Wozniak said in a Bloomberg TV interview. “They’re not the leader in areas like the folding phone, and that worries me because I really want a folding phone.”

Wozniak was referring to folding phones that competitors Samsung Electronics Co. and Huawei Technologies Co. recently introduced. Apple’s rivals have taken on its high-price strategy as their own, pricing their folding phones at $1,980 and about $2,600, respectively. Apple recently reported that iPhone revenue declined 15 per cent in the fiscal first quarter from a year earlier.