Ming-Chi Kuo: Apple has postponed or completely canceled the release of the iPhone SE 4

The Internet has repeatedly appeared information that Apple is working on the iPhone SE 4. It seems that the novelty is no longer worth waiting for.

Here's What We Know

According to Chinese analyst Ming-Chi Kuo Apple had wanted to announce a smartphone in 2024, but postponed or even completely canceled the mass production of the device. According to Kuo, this is because shipments of Apple's mid- and lower-end smartphones, such as the iPhone SE 3, iPhone 13 mini and iPhone 14 Plus, have been lower than expected.

Kuo also believes that the updated design of the iPhone SE 4 will require higher costs, so Apple will likely have to rethink product positioning and return on investment. Also, the cancellation of the iPhone SE 4 will help Apple cope with the challenges of the global economic recession in 2023.

Source: @mingchikuo