75% of U.S. adults aren't interested in a foldable Apple device, CNET finds

Anticipation is building for Apple's annual iPhone launch event in September, where the company is expected to reveal its first foldable phone. Questions remain though on whether consumers will be willing to pay big bucks for this device. CNET senior technology reporter Abrar Al-Heeti joins CBS News to discuss.

Apple’s first foldable, the iPhone Ultra (or Fold), could cost over $2,000 according to analysts. But US adults aren’t willing to pay that much.