iPhone sales may be beginning to slow, but the addition of a 4-inch “iPhone 5se” handset could net Apple an extra 10 million+ units — or the equivalent of an extra 23 cents per share for Apple’s earnings — according to RBC Capital Markets analyst Amit Daryanani.
In a research note to investors, Daryanani writes that he expects a smaller iPhone would cannibalize sales of some other larger iPhone models, but could still add a significant number to Apple’s total.
Who would it mainly appeal to? He thinks it will mainly be users who are currently using smaller iPhone 5c or 5s models, as well as being a big seller in growing markets like India (where, incidentally, Apple just stopped selling some of its older iPhones to prompt users to upgrade.)
The smaller iPhone 5se will reportedly feature a stripped-down A8 or A9 processor, making it less powerful than Apple’s next-gen iPhone, although it will include Touch ID and Apple Pay. It is likely to launch in March, most probably arriving alongside the iPad Air 3.
Let’s just hope Apple comes up with a better name in the time before then!
Source: Apple Insider.