An iPhone SE 4 with a larger display and potent cameras was expected to be released by Apple in 2024.
A new report, however, claims that Apple has delayed or dropped the release of the new phone. In a series of tweets, renowned analyst Ming Chi Kuo said that Apple may altogether abandon the concept of releasing an update to the more affordable iPhone SE.
According to Kuo, Apple is likely to delay or abandon its intention to mass produce the iPhone SE 4 in 2024 because he believes that shipments of mid- to low-end iPhones have regularly been fewer than predicted.
Kuo also stated that the SE 4's rumoured full-screen design will result in increased costs and selling prices. Apple may have to reevaluate the SE 4's product positioning and return on investment as a result.
He further stated that cutting wasteful spending on new product development will aid the business in overcoming the obstacles posed by the current economic crisis.
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