Apple’s September 2026 “Surprise and shine” event confirmed the shift in its iPhone release cycle, launching only the iPhone 18 Pro, Pro Max, and foldable iPhone Duo while skipping the base model entirely. Multiple supply-chain reports and credible outlets attribute the change to memory and chip constraints, a desire to prioritize higher-margin premium devices, and an effort to segment the growing six-model lineup with flagships in fall and more affordable variants in spring. The base iPhone 18, along with the iPhone 18e and iPhone Air 2, is now widely expected in early 2027, likely March, marking the first time the standard model has skipped the traditional September window. Traders should watch for any March event announcements or supply updates that could confirm or alter this timeline.