Apple may cancel or postpone mass production of an iPhone SE 4

Apple will cancel or postpone mass production for the planned 2024 iPhone SE 4, according to analyst Ming-Chi Kuo. 

In a series of tweets, he says this is likely due to the consistently lower-than-expected shipments of mid-to-low end iPhons (e.g. SE 3, 13 mini, and 14 Plus). Kuo adds that there are also 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,” he says. “Additionally, reducing unnecessary new product development expenses will also help the company navigate the challenges of the global economic recession in 2023.”