Apple (AAPL.US) All-Glass 20th Anniversary Edition iPhone "Rashomon": Jefferies has just announced its cancellation, but sources quickly rebutted, stating that the project is still proceeding as planned.

According to the Zhizhong Finance APP, just before Apple (AAPL.US) is set to launch the iPhone 18 series in September and with the new CEO John Ternus officially taking over on September 1, a fierce confrontation over Apple's future product strategy has erupted between Wall Street and Silicon Valley. On August 10, Jefferies analyst Edison Lee downgraded Apple's rating to "underperform" for the rare reason that "supply chain investigations show that a fully glass iPhone has been canceled due to poor yield." However, only a day later, Bloomberg reported, citing informed sources, that Apple's product roadmap has not changed and that the glass-based 20th anniversary edition iPhone will still launch as planned in 2027.