Apple is building a foldable iphone which could launch in 2020

Apple plans to come out with a radically different iPhone design within two years, according to a top Wall Street firm.

Bank of America Merrill Lynch said the smartphone maker is working with its Asian partners on a foldable phone.

“We expect the iPhones this fall to be largely unchanged for the OLED versions although size changes have proved to be a catalyst in the past,” analyst Wamsi Mohan wrote in a note to clients Friday. “Our checks also suggest that Apple is working with suppliers on a foldable phone (that potentially could double up as a tablet) for launch in 2020.”

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