Exactly why this awful concept would never fly in the real world.
Anyone who begs for this edge to edge display has no grasp of how much hand fatigue you'd get from holding the phone very awkwardly just to avoid accidental touches.
Also, people who want to debate me, count how often you rest your thumb on the home button / bottom area to help stabilize the phone, then get back to me...
Despite Apples track record recently, even they would not release something this impractical.
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Don't forget 3D touch, though. That's one thing Apple has going for them with this type of display. The home button can be purely virtual, but not trigger without actually pushing in on it. No different than the iPhone 7 now.