Apple's foldable iPhone could add $14 billion: why Wall Street still fears a selloff

Apple could be one day away from unveiling a new iPhone capable of generating $14 billion in quarterly revenue, but Wall Street thinks the event could become a sell-the-news moment. Morgan Stanley expects Apple's first foldable iPhone to ship about 6.5 million units in the December quarter, generating roughly $14 billion, or 16% of iPhone revenue.