Upcoming Apple iPhone SE 5G Could fascinate over a Billion Android Users: JP Morgan
By MYBRANDBOOK
According to JP Morgan analysts, Apple's upcoming iPhone SE 5G has the potential to attract more than a billion non-premium Android users.
As per reports, the company is expected to launch the iPhone SE with 5G capabilities in early 2022, with the analysts adding the model will allow Apple to target the mid-range smartphone market dominated by rivals such as Samsung Electronics and Huawei Technologies.
The upcoming smartphone has the potential to lure nearly 1.4 billion low- to mid-end Android phones and about 300 million older iPhone model users, the brokerage estimated.
The iPhone SE currently starts from $399, compared with $799 (roughly Rs. 60,600) for the iPhone 13 and $999 (roughly Rs. 75,700) for the iPhone 13 Pro.
Since launching the iPhone 13 range and new iPads in September, Apple has scrambled to keep up with the global chip shortage and supply chain disruptions.
In a separate note, JP 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.
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