If you were hoping for an all-glass iPhone, a new report from Barron’s might shatter that dream. The financial news source reports that Jefferies analyst Edison Lee believes development on an all-glass mobile device has come to a halt.

According to the report, Lee thinks the device was canceled because of “poor production yield,” or not enough defect-free units being successfully made during production.

An Apple representative did not immediately respond to a request for comment.

The device was rumored to launch in the fall of 2027 to celebrate the iPhone’s 20th anniversary, and Barron’s reports it could have cost an eye-watering $2,060.

Rumors of an all-glass iPhone began after Apple filed for a patent in 2019 on an electronic device with a “six-sided glass enclosure.” The device in the patent resembles an iPhone, with app icons on one side and a way to signal to others that you’re on a call on the other side. The device also has curved glass panels and seemingly no cutouts.

“We believe the plan was to extend the all-glass features to future iPhone Pro and Pro Max models, further raising their average selling price and margin,” Lee wrote, according to Barron’s.

For more on Apple, here’s what to know about iOS 27 and everything the company announced at its Worldwide Developers Conference in June.

Zachary McAuliffe

Senior writer

Zach began writing for CNET in November, 2021 after writing for a broadcast news station in his hometown, Cincinnati, for five years. You can usually find him hanging out with his wife, son and dog in their home. See full bio