Apple will cancel or postpone mass production for the planned 2024 iPhone SE 4, Apple analyst Ming-Chi Kuo said today in a series of tweets. Kuo said that he believes Apple will delay or scrap the device due to consistent lower than expected shipments of middle tier and lower-end smartphones like the iPhone SE 3, the iPhone 13 mini, and the iPhone 14 Plus.
Kuo also said that the full-screen design that Apple has in mind for the iPhone SE 4 will require higher costs and selling prices, so Apple may need to “reconsider the product positioning and return on investment” for the iPhone SE 4. Reducing unnecessary product development costs will also help Apple navigate the “challenges of the global economic recession in 2023,” according to Kuo.
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