No more budget iPhones!!!

The characteristics of Apple's upcoming budget-friendly iPhone, the iPhone SE 4, have been the subject of several leaks. The economic slump, which has negatively impacted the demand for reasonably priced iPhones, makes it appear as though Apple may completely abandon this iPhone.

Ming-Chi Kuo, Apple analyst, who has a pretty good track record when it comes to Apple products, said,”will likely cancel or postpone the mass production plan for the 2024 iPhone SE 4.” He also added that this decision was most probably due to “consistently lower-than-expected shipments of mid-to-low-end iPhones (e.g., SE 3, 13 mini, and 14 Plus).”

The future iPhone SE 4 was planned to have a full-screen display with a notch, similar to the present iPhones, in contrast to earlier incarnations of the iPhone SE, which all had designs that were identical to that of the iPhone 8. According to Kuo, Apple has changed its mind about where to put the SE 4 in order to recoup its investment because this design change would have also increased the cost of the following iPhone SE 4.

Given the predicted recession in 2023, it will be challenging for Apple to recoup the costs of the new product's development, especially because the iPhone SE 4 is marketed as being "affordable." With a full-screen display, the iPhone SE 4 was planned to resemble the iPhone XR in appearance. The A15 Bionic or A16 Bionic processor with capability for 5G technologies was anticipated to be included in the gadget.

Kuo believes that the iPhone SE 4 will either be cancelled or delayed due to all of these concerns. Remember that Apple's earlier products are still selling well and are still widely used, particularly in countries like India. For example, the iPhone 13 continued to be a popular choice this year, in part because the iPhone 14 and iPhone 14 Plus used the same chipset as the earlier model.