But here’s the bad news. As per a report from Ming-Chi Kuo, Apple may be canceling the 2023 launch of its upcoming model in the SE segment, the iPhone Se 4. Yes, the report further adds that the tech giant might just push the launch of the device to 2024 instead of next year due to the phone’s lower-than-expected demand.
“My latest survey indicates that Apple will likely cancel or postpone the mass production plan for the 2024 iPhone SE 4. I think this is due to the consistently lower-than-expected shipments of mid-to-low-end iPhones (eg, SE 3, 13 mini, and 14 Plus),” Kuo tweeted.
The fresh reports come weeks after the Internet has been buzzing with speculations surrounding the iPhone SE 4. The news is a really bummer as much was expected from Apple’s upcoming phone which is rumored to sport a 6.1-inch 720p LCD display.
In his tweet, Kuo mentioned that the full-screen design that Apple has in mind for the iPhone SE 4 will require higher costs and selling prices, which could also be pushing the tech giant to reconsider the product.
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“There have been 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 added. The report further said that Apple may be looking to reduce unnecessary new product development expenses that can in result help the company navigate the challenges next year.