Apple will likely cancel or postpone production of its next generation iPhone SE, according to TF International Securities analyst Ming-Chi Kuo.
In a series of tweets today, Kuo suggests that Apple is rethinking its plan to release the iPhone SE 4 in 2024 due to lower than expected shipments of the SE 3, 13 mini, and 14 Plus.
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), 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.
Kuo also suggests that reducing new product development expenses could help Apple weather the challenges of a global economic recession in 2023.
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In a series of tweets today, Kuo suggests that Apple is rethinking its plan to release the iPhone SE 4 in 2024 due to lower than expected shipments of the SE 3, 13 mini, and 14 Plus.
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), 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.
Kuo also suggests that reducing new product development expenses could help Apple weather the challenges of a global economic recession in 2023.
Please download the iClarified app or follow iClarified on Twitter, Facebook, YouTube, and RSS for more updates.