Apple is currently rumored to launch a third-generation of their iPhone SE in early 2022, this time with 5G support. According to analyst’s from JP Morgan, the upgrade “has the potential to attract more than a billion non-premium Android users.”
According to Reuters, the third-generation of the iPhone SE could lure nearly 1.4 billion low-to-mid-end Android phone users to switch, as well as around 300 million older iPhone model users.”
“Apple’s trade-in program for non-iPhones is admittedly not as attractive as the iPhone trade-in values, it could nonetheless lead to an average starting price range of $269 to $399 for the 5G iPhone SE, which is still very competitive,” analyst Samik Chatterjee, said.
In a separate note, J.P.Morgan said “consumer demand for major upgrades like 5G models is expected to remain strong and also a priority for supply, even as it wanes for most hardware products including smartphones, TVs and PCs.”
According to online rumors, the iPhone SE third-generation is expected to feature the same physical form as it currently has; the equivalent of a 2017 iPhone 8. The phone will likely have a 4.7 inch LCD display, an upgraded processor, and of course, 5G capabilities.
Apple analyst Ming-Chi Kuo believes that the new phone will likely have either an A15 Bionic processor, as seen in the iPhone 13, or an A14 Bionic chip, as seen in the iPhone 12. Either way, it will be a major upgrade for the SE models.
JP Morgan’s analysis also found that for the fiscal 2022 year, iPhone SE “unit sales are expected to rise to 30 million units and annual iPhone shipments are expected to reach 250 million units; 10 million units higher than a year earlier.”
The report itself doesn’t specify exactly how or why the potential “billion” Android users will switch, but based on past market trends when it comes to switching from Android to Apple every time a new device is released, it makes sense that more users would be making the switch this time around to take advantage of a much cheaper 5G capable smartphone.
There is currently no predicted date as to when Apple will release the next generation of SE models, however, it will likely take place at some point in the spring.
Eric Mastrota is a Contributing Editor at The National Digest based in New York. A graduate of SUNY New Paltz, he reports on world news, culture, and lifestyle. You can reach him at firstname.lastname@example.org.