Kuo: Apple iPhone SE 4 launch likely to be postponed – Check reason here
Tech giant Apple will reportedly cancel or postpone iPhone SE 4 launch due to the economic slowdown, which has adversely affected the demand for affordable iPhones.
Apple analyst Ming-Chi Kuo shared the information on Twitter, saying that Apple will delay or scrap the device production.
According to Apple analyst Ming-Chi Kuo, who has an accurate track record with predictions, the company “will likely cancel or postpone the mass production plan for the 2024 2024 iPhone SE4.” He added this change in the decision was likely due to “consistently lower-than-expected shipments of mid-to-low-end iPhones (e.g., SE 3, 13 mini, and 14 Plus).”
He also said that the full-screen design that Apple has in mind for the iPhone SE4 will require higher costs and selling prices.
“There have been concerns that the full-screen design of the SE 4 will lead to an increase in higher costs/selling prices. As a result, Apple may need to reconsider the product positioning and return on investment for the SE 4,” Kuo added.
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My latest survey indicates that Apple will likely cancel or postpone the mass production plan for the 2024 iPhone SE 4. I think this is due to the consistently lower-than-expected shipments of mid-to-low-end iPhones (e.g., SE 3, 13 mini, and 14 Plus),— 郭明錤 (Ming-Chi Kuo) (@mingchikuo) December 21, 2022
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as well as concerns that the full-screen design of the SE 4 will lead to an increase in higher costs/selling prices. As a result, Apple may need to reconsider the product positioning and return on investment for the SE 4.— 郭明錤 (Ming-Chi Kuo) (@mingchikuo) December 21, 2022
Moreover, Kuo shared that “reducing unnecessary new product development expenses will also help the company navigate the challenges of the global economic recession in 2023”.
All of these factors are reasons why Kuo thinks the iPhone SE 4 is delayed or canceled. Keep in mind that for Apple, its older devices continue to sell well and remain popular, especially in markets like India. For instance, the iPhone 13 remained a hot seller this year, especially since the iPhone 14 and iPhone 14 Plus had the same processor as the older variant.
