We’ve been hearing speculations about the upcoming iPhone SE, Apple’s entry-level smartphone, for the last several months. The release of the iPhone SE 4 seems to be a long way off, and now analyst Ming-Chi Kuo claims that Apple is even thinking of scrapping or at least postponing the mass manufacturing of the new smartphone until 2024.
Apple “will likely cancel or postpone the mass production plan for the 2024 iPhone SE 4,” Kuo said on Twitter. Low demand for entry-level and mid-range iPhone models, including the current third-generation iPhone SE, iPhone 13 mini, and iPhone 14 Plus, is one of the causes, according to the analyst.
The decision by Apple to postpone the release of a new iPhone SE is being considered for a number of reasons, however, not just that one. Adding a full-screen design to the gadget would result in a large rise in manufacturing expenses, Kuo said on Twitter. The 4.7-inch LCD screen of the iPhone 8 with a Home button and Touch ID is still the basis for the current iPhone SE model.
Yes, the business has the right to raise the beginning price, just as it did with the iPad 10th generation devices. However, the issue here is that even if the phone’s price is increased by $100 from the previous year, it may start to compete with other phones like the iPhone 12 and 13 and even reduce those phones’ sales.
Therefore, from Apple’s standpoint, the release of a new and renamed iPhone XR would only be justified if it allowed the business to enhance its market share, which would include luring new users into its ecosystem without having a detrimental influence on the sales of its current products.