Rumors have long indicated that Apple is working on an all-glass new iPhone design for the 20th anniversary next year. But an analyst from Jefferies believes that device is no longer moving forward.
Wall Street analyst says radical iPhone redesign for 20th anniversary has been canceled
Today Wall Street firm Jefferies downgraded its Apple stock rating to “Underperform,” with analyst Edison Lee citing the possible cancellation of the 20th anniversary iPhone redesign as a big reason.
Mackenzie Tatananni, writing at Barron’s:
Lee also points to Apple’s AI strategy and rising component costs for iPhone 19 Pro as further reasons to downgrade the company’s stock rating.
It’s unclear from Lee’s note whether the analyst believes the entire redesign has been shelved, or only certain aspects of it.
For example, it’s been suspected for a while that Apple won’t be able to fully remove the Dynamic Island cutout next year. Thus, an “all-glass” display won’t be possible. But perhaps the rumored quad-curved design is still coming.
In any case, if Apple’s 20th anniversary design for the iPhone truly has been canceled, we’ll likely get corroboration from other reputable sources soon.
What do you make of this report on iPhone’s 20th anniversary design? Let us know in the comments.
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