KGI Securities claims that Apple will continue to sell the iPhone 5S after the introduction of iPhone SE.
Apple is keeping the iPhone 5S in the official iPhone line-up with a price cut in half says KGI Securities in a new research note obtained by 9to5Mac. Apple is expected to unveil a new 4-inch iPhone named iPhone SE mid-March. Initially it was believed that Apple will replace the iPhone 5S with the new iPhone Special Edition (SE).
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KGI though believes that Apple will keep the iPhone 5S as a low end offering for emerging markets priced unlocked at under $250.
The iPhone SE, formerly referred to as iPhone 5SE is a high performances 4-inch iPhone in the shape of an iPhone 5 with some small design differences,
The rumors say that the iPhone SE will run on latest A9 CPU and the M9 Chip. In contrast to earlier rumors, KGI believes that the iPhone SE has a 12MP rear camera, which would match the iPhone 6S sensor.
Other features of the iPhone SE include Apple Pay, always-on Siri and Live Photos. Color options are supposed to include bright pink. The new iPhone SE is offering a state-of-the-art iPhone experience, but in a small package with an expected lower price than the iPhone 6S. Apple is expected to offer the iPhone SE at $450, the current price of the iPhone 5S.
Apple is rumored to reveal the iPhone SE either on March 15 or March 22. There are conflicting rumors on when the Apple March 2016 media event will take place.
The iPhone SE has not leaked yet in any form. There are no leaked parts and the circulating schematics and photos are all likely fake or outdated. The iPhone SE turns out to be the most secret iPhone release to date, if the mid-March reveal is actually happening.
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The demand for the iPhone SE is not expected to be extremely high. There have been calls for Apple to offer a new 4-inch iPhone ever since the iPhone 6 brought bigger screens. Most consumers want larger smartphone screens. The small 4-inch screen is not ideal for using the web, email and consuming media.