Longtime analyst Ming-Chi Kuo reports that Apple may cancel or delay production of the iPhone SE4 until 2024.
Kuo reports that the reason for the postponement is Sales of entry-level and mid-range smartphones have not been as expected, including the iPhone SE 3, iPhone 13 mini and iPhone 14 Plus.
Also, the full-screen design of iPhone SE 4 drives up production costs. The selling price has also increased, so Apple needs to reconsider its product positioning and return on investment. Including reducing unnecessary product development costs. This will be challenging in the global economic downturn in 2023.
Several sources have reported that Apple is working on a new iPhone SE that will be released in 2024. It will have a similar design to the iPhone XR, with a 6.1-inch full-screen display with a notch at the top, presumably with a LED OLED screen, but changed from Face ID to Touch ID, instead built into the power button
The main reason was that the 5.4-inch iPhone SE 3, as well as the smaller iPhone 12 and iPhone 13 models, failed to meet sales targets, and even the large-screen and affordable iPhone 14 Plus received little response. Because people have turned to buying the pro instead, which has caused Apple to instead focus on the flagship models in 2023 and 2024, causing the production of low-cost iPhones to halt.
Source https://www.macrumors.com/2022/12/20/apple-to-cancel-or-postpone-iphone-se-4/
