Apple may delay or cancel the launch of the 2024 iPhone SE 4 as a consequence of price and demand points. The corporate’s finances merchandise haven’t carried out in addition to initially thought.

The complete-screen design of the iPhone SE 4 may additionally push its costs greater. This might have an effect on its demand and place in Apple’s present lineup.

2024 iPhone SE could be a casualty of Apple’s cost-cutting measures

Primarily based on his newest survey, analyst Ming-Chi Kuo says Apple may cancel or postpone the 2024 iPhone SE 4’s mass manufacturing. The corporate is worried about low demand and the product’s positioning in its lineup as a consequence of elevated manufacturing prices.

Rumors point out the iPhone SE 4 may sport an edge-to-edge display with a design much like the iPhone XR. As an alternative of Face ID although, it will sport a Contact ID-based energy button for biometric verification. To compensate for the upper manufacturing price, Apple may find yourself pricing the next-gen iPhone SE greater than the present mannequin.

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My newest survey signifies that Apple will doubtless cancel or postpone the mass manufacturing plan for the 2024 iPhone SE 4. I believe that is because of the persistently lower-than-expected shipments of mid-to-low-end iPhones (e.g., SE 3, 13 mini, and 14 Plus),

The analyst additionally notes that decreasing improvement prices on pointless merchandise will assist Apple within the international financial recession in 2023.

Client spending and smartphone gross sales are anticipated to fall subsequent 12 months. This has led many firms to chop again on their product improvement and advertising and marketing budgets. Given the iPhone SE will not be a significant product in Apple’s lineup, it’s doable the corporate may postpone or axe its launch altogether.

Demand for Apple’s finances iPhone mannequin has at all times been on the decrease finish

Not like its flagship iPhone fashions, Apple’s finances fashions haven’t offered in addition to it anticipated. Demand for the iPhone 12 and iPhone 13 mini was decrease than anticipated. This led Apple to axe the mini fashions after two years. Equally, demand for the iPhone 14 Plus is weak regardless of its spectacular battery life.

Following the shortage of client curiosity and demand, the corporate may simply axe the iPhone SE 4 altogether. Or make minor upgrades to its subsequent refresh as an alternative of giving it a significant design overhaul.