Apple’s 20th-anniversary iPhone redesign reportedly remains on track

Apple's long-rumored all-glass iPhone, initially planned for the device's 20th anniversary, remains on track for the Pro models in the upcoming year, according to Bloomberg. Analyst firm Jefferies had previously downgraded Apple's stock, citing supply chain checks suggesting the cancellation of the all-glass iPhone. Bloomberg now reports that Apple "expects to launch iPhone Pro models next year that will make use of a new glassy look," stating the glass will be used on the front and back of the phones, curving into the sides with a metal band in the middle.

However, the project has undergone changes since its conception; an earlier version championed by Apple's design studio featured even more glass but was scrapped due to challenges connecting the glass panels together at large volumes. Jefferies later contradicted its own earlier note, confirming that "Apple's product road map hasn't changed."

The report directly contradicts Jefferies' downgrade, stating that the all-glass iPhone is not cancelled and has not caused a "major setback" to Apple's efforts. Jefferies analyst Edison Lee had initially described the cancellation as a setback, citing poor production yields and its potential impact on Apple's ability to raise the average selling price and margins for its Pro models.