Ming-Chi Kuo said that Apple may cancel or delay the iPhone SE 4 mass production plan.

(Schematic, Bloomberg)

[Financial Channel/Comprehensive Report] Ming-Chi Kuo, a well-known analyst at Tianfeng International, tweeted on his Twitter today (21st), saying that according to his latest survey, Apple may cancel or delay the production of iPhone SE 4 in 2024. production plan.

Ming-Chi Kuo explained that this is due to the continued lower-than-expected shipments of mid-to-low-end iPhones (e.g., SE 3, 13 mini, and 14 Plus), and the change of SE 4 to adopt a full-screen design will inevitably lead to cost/selling price. Therefore, Apple may need to re-examine the product positioning and ROI of the iPhone SE 4.

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Kuo believes that reducing unnecessary new product development costs will also help Apple meet the challenge of a global economic recession in 2023.

Prior to this tweet, Guo Mingchi warned on Tuesday (20th) that the technology industry may continue to be unoptimistic in 2023, saying that "major technology industries are heading for the worst period" and that Apple's performance is expected to be weak. Contrary to market expectations, the fundamentals of electric vehicles and servers are not as solid as market expectations.

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