Introduced in 2022, the iPhone SE was not in demand due to the fact that all its features were the same as other models and its screen was small. On top of that, Apple also stated that it will terminate this series due to many problems.
Ming-Chi Kuo, who has done successful analysis for Apple many times before, recently announced that the iPhone SE fourth generation model has been delayed. Analyst Kuo has announced that the additional series will be completely canceled if the iPhone SE model is delayed, with his shares now.
Kuo used the following statements about the model in question:
My recent survey indicates that Apple may cancel or delay its plan for the iPhone SE 4, which is expected to go into mass production in 2024. This is because shipments of mid- to low-end iPhones continue to be significantly lower than expected (like the SE 3, 13 mini, 14 Plus) and the move to the full-screen design of the SE 4 will inevitably lead to an increase in cost/sales price.
Therefore, Apple may need to re-examine the iPhone SE 4’s product positioning and ROI. Also, reducing unnecessary new product development expenses will help the company overcome the challenges of the global economic recession in 2023.
On the other hand, in a survey conducted in the past months, it was revealed that Apple customers wanted a new form of iPhone. According to the survey, Apple customers expressed that they want a mini-form iPhone other than the SE.