The planned iPhone SE will attract over a billion Android smartphone users. Reported by Reuters.
Journalists refer to the report of JPMorgan analysts. The specialists raised the target price for Apple shares from 180 to 210 dollars, noting that the market capitalization of the company is approaching three trillion dollars. The authors believe that the IT giant could successfully start 2022 with the release of a low-cost 5G-enabled smartphone – the iPhone SE.
Analysts have named the main purpose of the compromise device – with its help Apple will be able to drag a significant number of Android smartphone owners into its ecosystem. According to JPMorgan experts, the number of potential buyers of the iPhone SE from the Android family could be up to 1.4 billion users. Also, an inexpensive device can be purchased by about 300 million owners of old iPhones.
Analyst Samik Chatterjee noted that new users will be able to join the Apple ecosystem through the trade-in program. He noted that when switching from an Android device to an Apple device, the company is not ready to offer a big discount, but the final price for the iPhone SE with 5G in the region of $ 269-399 will be adequate.
Earlier, Bloomberg journalist Mark Gurman said that in early 2022 Apple will release a new iPhone SE with 5G support. The current device of the series entered the market in the spring of 2020.
Kingston is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
