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2022-12-21

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Apple Likely To Cancel Or Postpone Mass Production Of iPhone SE4, Says Analyst — Global Recession Fears Hampering Plans?

Apple Inc. is likely to "cancel or postpone" the mass production plans for its fourth-generation iPh

Apple Likely To Cancel Or Postpone Mass Production Of iPhone SE4, Says Analyst — Global Recession Fears Hampering Plans?

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I think this is due to the consistently lower-than-expected shipments of mid-to-low-end iPhones (e.g., SE 3, 13 mini, and 14 Plus),Additionally, reducing unnecessary new product development expenses will also help the company navigate the challenges of the global economic recession in 2023.Why It's Important: Earlier this month, it was reported that while companies like Meta Platforms Inc have declined as much as 70%, Apple has hardly hit bear market territory from its all-time high.iPhone SE 4 is expected to feature a 6.1-inch LCD display along with a \"notch\" cutout on the screen. 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