Apple Cancels All-Glass iPhone Model Amid Production Yields Concerns
Corning Inc.'s shares rose by 0.63% to $166.72 on Monday following news that Apple has canceled its planned all-glass iPhone model.
The device was scheduled for launch in September 2027 with an estimated blended retail price of $2,060.
According to Jefferies, the cancellation affects Apple's strategy to extend all-glass features to future iPhone Pro and Pro Max models.