The planned all-glass 20th anniversary Apple iPhone that was hotly tipped to arrive in 2027 has been cancelled, according to an analyst’s report.
According to Jefferies analyst Edision Lee, the radical redesign for the iPhone won’t be happening next year due to struggles with manufacturing the display. The analyst cites a ‘poor production yield’, meaning the company has been unable to produce a high enough percentage of detect-free components.
The analyst, who made the prediction based upon supply chain checks, called it (via Barrons) a “a major setback to efforts to bring in higher-priced iPhones amid soaring memory costs.”
The issue could affect Apple’s future plans for the iPhone range too, Lee added, stating: “More importantly, we believe the plan was to extend the all-glass features to future iPhone Pro and Pro Max models, further raising their average selling price and margin.”
Rumours have suggested Apple was planning a display that covered the entire front of the phone, wrapping around the edges of the handset, with under display Face ID tech ensuring a beautifully clean design. For a number of years now it has been suggested Apple is waiting until the 20th anniversary of the original iPhone arriving in 2007, alongside a second generation of the foldable iPhone Ultra. The analyst has downgraded Apple’s Stock to “Underperform” as a result and dropped the share price target.
I certainly wouldn’t take this information to the bank quite yet. If we were to hear this from reputable journalists and reporters rather than an analyst, it would certainly gain more credibility.
Read the full article here
