*Walter Bloomberg|Aug 10, 2026 15:41
AAPL - APPLE REPORTEDLY SCRAPS ALL-GLASS IPHONE
Apple has canceled its planned 20th-anniversary all-glass iPhone due to poor production yields, according to Jefferies supply-chain checks.
The model was expected in September 2027 with an estimated $2,600 average selling price.
Jefferies sees the cancellation limiting Apple’s ability to push iPhone prices and margins higher as memory costs surge.
The firm downgraded Apple to Underperform and cut its price target to $263.66.(*Walter Bloomberg)
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