Apple's first foldable iPhone, reportedly called the "iPhone Ultra," could ship without several flagship features despite carrying a price tag starting around $2,000. Dummy models shared by leakers Sonny Dickson and Vadim Yuryev reveal design details suggesting the device will skip key hardware found on Apple's standard Pro models.

The foldable appears to lack MagSafe and the Action Button—neither shows up on the dummy units. It's also expected to drop Face ID in favor of Touch ID due to thickness constraints, include only two rear cameras instead of three, and ditch the physical SIM card slot entirely. At just 4.5mm thick, the Ultra will be Apple's thinnest iPhone ever, but that extreme slimming apparently leaves no room for the TrueDepth camera array required for facial recognition.

The pricing disconnect is striking: the iPhone 17 Pro starts at $1,099 yet offers all five missing features. Apple hasn't used Touch ID as the sole authentication method on a flagship since the 2016 iPhone 7, making its return on a $2,000 device unprecedented. The device is expected to launch alongside the iPhone 18 Pro and Pro Max in fall 2026.