1 Reason Apple Could Outperform in 2027

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Why Apple’s Folding iPhone Could Matter to SA Investors

Apple’s new folding phone might boost the brand and services, with subtle ripple effects on USD/ZAR and SA tech exposure.

Apple’s folding iPhone Duo is grabbing headlines with strong early demand, a sign that the company’s innovation machine isn’t slowing down. For South African investors, the key isn't just the gadget itself but what it signals about Apple’s bigger ecosystem — from premium device sales to the high-margin services tied to its 2.5 billion active devices. While Apple trades at a hefty 36 times expected earnings for 2027, that’s partly priced in thanks to its loyal customer base and expanding AI features on Siri. But here’s the rub: this tech optimism often lifts the USD, which can pressure the rand. Given the rand’s recent vulnerability, strong Apple sales might pull USD/ZAR higher, creating headwinds for local companies dependent on imports or foreign debt. The safest play? Watch the tech story, but stay mindful of currency swings. Apple’s surge may not translate directly into immediate gains for JSE tech stocks like Naspers or Prosus, which have their own complexities tied to China and local growth. this is just our opinion and not financial advice