The upcoming iPhone SE 5G has the potential to attract over 1 billion non-premium Android users. This was stated by analysts from JP Morgan, quoted by Reuters. The company is expected to launch the iPhone SE with 5G connectivity in early 2022, write media and brokerage companies.
The model is expected to allow Apple to target mid-range smartphones, a market dominated by competitors such as Samsung Electronics and Huawei Technologies.
iPhone has regained its first position in the world’s largest market
Sales grow by almost 50%
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The upcoming smartphone has the potential to attract nearly 1.4 billion users of low- to mid-range Android phones and about 300 million users of older iPhone models, according to JP Morgan.
The iPhone SE is currently available at a starting price of $ 399, compared to the starting $ 799 for the iPhone 13 and $ 999 for the iPhone 13 Pro. Since the launch of the iPhone 13 series and new iPad models in September, Apple has struggled with global chip shortages and supply chain problems.
Meanwhile, Apple’s share price has continued to rise, with the company moving closer to a $ 3 trillion market capitalization, and JP Morgan says consumer demand for major improvements, such as 5G models, is expected to remain strong and a priority for supply. .