Apple’s 20th anniversary iPhone is starting to take shape, and it won’t be a single flagship moment. Instead, it will be a two-device launch.
The redesigned iPhones, internally codenamed V73 and V74, are reportedly set to replace this year’s iPhone 18 Pro and iPhone 18 Pro Max. They will arrive in the same size categories. That means Apple’s milestone handset will still cater to both standard Pro and larger Pro Max-style users. However, this is despite the radical design shift expected.
From what’s been reported so far, the big focus is on design. Both models are said to feature edge-to-edge curved displays, with glass that wraps around the sides of the device. This is part of a wider push toward an all-glass aesthetic. It marks one of the most significant visual overhauls in recent iPhone history.
Underneath, phones will run on Apple’s next-generation A21 chip, also known internally as “Naxos.” The processor will reportedly be built on a 2nm manufacturing process. This should bring performance and efficiency gains as Apple continues to push its silicon roadmap forward. In addition, the same chip is also set to appear in Apple’s second-generation foldable iPhone, codenamed V78. This suggests tighter hardware alignment across the 2027 lineup.
Bloomberg also notes that Apple is preparing a broader product refresh strategy around this timeframe, with annual updates planned for its foldable devices. Consequently, this hints that the company’s long-rumoured foldable push is becoming a long-term category rather than a one-off experiment.
Beyond iPhones, Apple’s 2027 lineup is also expected to include camera-equipped AirPods, codenamed B798. These would become Apple’s first AI-focused wearables, using onboard cameras to give Siri visual context about the user’s surroundings. The feature would allow more natural, context-aware queries. However, the project reportedly slipped from its original 2026 timeline due to challenges in Apple’s AI development.
Apple is developing all of these products and has them in advanced stages of development, with a launch expected in the first full year under incoming CEO John Ternus. He will take over from Tim Cook in September. However, Bloomberg cautions that Apple’s roadmap is still fluid, and timelines could shift before release.
If the plans hold, 2027 is shaping up to be one of Apple’s most ambitious hardware years in decades. This is true not just for iPhones, but across its entire ecosystem.
