Apple's new CEO, John Ternus, led a special event on Wednesday announcing the release of new products, including the first foldable iPhone. CBS News contributor Patrick McGee breaks it down.
Page F3From§Eachthe milkman edition — 10 September 2026
Apple launches foldable phone, puts it center stage, and sends exec to sell the fold

Apple’s new foldable phone is the headline—the company unveils the device and immediately puts it center stage. Executive Ternus is sent out to sell the fold, delivering five takeaways and showing off the new features. The beats roll out like a product launch with a Broadway playbill: the phone is detailed, the fold is the star, and the exec is the pitchman. The sequence is classic Apple—announce, display, and sell. The company frames it as innovation, but the stakes are in the price tag. The foldable screen isn’t just a technological step; it’s a financial leap for the consumer. The gadget gets the spotlight, but the real performance is in how much you’re willing to pay for the privilege of folding your phone. Ruth notes: the price is the innovation, and the exec’s stage time is the proof. The market doesn’t change, just the cost of entry. The stakes are your wallet, and Apple’s business model is folding your money into theirs.
“Apple wants your phone to fold, your wallet to unfold, and their execs to take a bow. They call it innovation, but it’s just another way to charge you twice for the same screen. The only thing folding faster than the device is your paycheck.”
“Consumers demand cutting-edge technology, and Apple delivers. The foldable phone is a game-changer, and Ternus shows it off because that’s what leadership looks like. If you think it’s just about the price, you’re missing the point—did I say price? I meant value.”
The receipts
{beacon} Technology Technology The Big Story Apple unveils foldable phone as Ternus takes stage Apple rolled out its next generation of the iPhone, AirPod and Apple Watch, with the company’s first-ever foldable smartphone taking center stage on Wednesday. © AP Photo/Jeff Chiu The "Surprise and Shine” event marked John Ternus’s first…
Apple rolled out its next generation of the iPhone, AirPod and Apple Watch, with the company’s first-ever foldable smartphone taking center stage on Wednesday. The "Surprise and Shine” event marked John Ternus’s first public appearance as Apple's new chief executive, offering a glimpse into how the product designer is approaching the…
This page is a back-issue: the story as it ran, receipts as they were. The current edition is at the front.