Apple cancels the new iPhone SE due to poor sales of low-end models

The company curtailed the development of the fourth model of a budget smartphone. The release of the next iPhone SE was scheduled for 2024, but suppliers were notified of the cancellation of development.

Not so long ago we wrote about what the next iPhone SE will look like:

According to the reports of well-known insider Ming-Chi Kuo, the company has curtailed the development of the next budget iPhone, which was supposed to be the first to receive a 5G modem made by Apple itself.

The analyst believes the reason is that mid-to-low-end iPhones (e.g., SE 3, 13 mini, and 14 Plus) were selling worse than the company hoped. Also, Apple is likely to have fears that the rise in price of the entire lineup will make the iPhone SE less attractive to buyers for whom price is a key criterion.

However, this news may please Qualcomm, which produces 5G modems for the iPhone. Apple was working on its own version of the component, and it planned to test it on the new iPhone SE, and only then introduce its own chip into the main line. However, the company has not yet achieved much success in this direction, and the iPhone 16 of the 2024 model can again receive Qualcomm chips.