Technologies

Apple’s 2024 iPhone SE Might Not Be Released After All

Apple may have sacked plans for its cheapest phone as its Pro line rises in popularity.

An iPhone that provides almost the same performance as the iPhone 14 for roughly half the price sounds like a great idea, right? Apparently not. If analyst Ming-Chi Kuo is to be believed, Apple may scrap the next version of its wallet-friendly iPhone SE, which was expected to arrive next year.

«The supply chain has received instructions from Apple indicating that the production and shipment plans for the 2024 iPhone SE 4 have been canceled rather than delayed,» Kuo wrote in a Medium post on Jan. 6.

If Kuo’s predictions are correct, only Apple knows the reasoning behind the cancellation. But research and media reports suggest there may be a very simple answer. More expensive iPhone models tend to be more popular, possibly leaving little incentive for Apple to continue pursuing cheaper phones like the iPhone SE.

Apple didn’t immediately respond to CNET’s request for comment.

The third-gen iPhone SE, which debuted in March, starts at $429 and is essentially an iPhone 8 stuffed with the guts of an iPhone 13. CNET’s Patrick Holland called it a «mind-blowing value» in his iPhone SE (2022) review, but he also highlighted missing elements that make it feel dated, like its lack of a full-screen design or night mode for the camera.

Previous generations of the iPhone SE took a similar approach; the 2020 version essentially had the same design but had the iPhone 11’s chip. The 2016 model had the body of an iPhone 5S with the processor of an iPhone 6S. A rumored fourth-gen iPhone SE was expected to adopt a new design similar to the iPhone XR, according to YouTube personality and gadget leaker Jon Prosser.

To understand why Apple may have canceled its next iPhone SE, consider the changes Apple recently made in its iPhone 14 lineup. In a departure from the prior two years, Apple did not release a cheaper «Mini» version of its new flagship iPhone in 2022. Instead, it released a larger version of the regular iPhone 14 called the iPhone 14 Plus, which is $100 more expensive than the regular $799 iPhone 14, raising the barrier to entry for shoppers.

This change followed reports from Nikkei Asian Review and Kuo (via MacRumors) that Apple would scrap the iPhone Mini in 2022, with the former adding that the Mini model didn’t resonate with consumers. Taken together, the elimination of the Mini and reports that next year’s rumored iPhone SE may have been axed could indicate that Apple is pivoting away from releasing smaller, cheaper iPhones.

But Gene Munster, managing partner for tech investment firm Loup and a longtime Apple analyst, doesn’t see it that way. He believes the iPhone SE still plays an important role in Apple’s lineup because of its low price.

«It’s still, I think, the best bang for your buck when it comes to an iPhone,» he said.

Evidence suggests that more expensive iPhones tend to be top sellers, which might help explain the shift. The average selling price of an iPhone rose 7% year over ear in the third quarter of 2022, according to Counterpoint Research. The market research firm also reported in June that Apple dominated the global market for premium phones with a 62% share in the first quarter of 2022. It’s important to note that Counterpoint defines premium phones as devices that cost $400 and higher, meaning the third-gen iPhone SE would fall into that category since it starts at $429. The report, however, did say that Apple’s growth in the premium category largely came from the iPhone 13 lineup.

The pricier iPhone 14 Pro and Pro Max also appear to be the stars of Apple’s new smartphone lineup so far. The Information reported that Apple cut production of the iPhone 14 Plus within two weeks of its launch, while research firm Trendforce says Apple boosted production of the iPhone 14 Pro and Pro Max. Kuo also said on Twitter in September that the iPhone 14 Pro Max was responsible for about 60% of Apple’s order increase for the Pro lineup, hinting that Apple’s most expensive new iPhone is also its most popular. A November 2022 report from Wave7 Research also said 38 out of 39 surveyed carrier service representatives said they didn’t have in-store inventory of the iPhone 14 Pro or Pro Max.

The iPhone SE, meanwhile, has only accounted for roughly 5% to 8% of quarterly US iPhone sales over the past two years, said Josh Lowitz of Consumer Intelligence Research Partners. When looking at total volumes for the newest iPhone models in a given year, the Pro versions typically account for 35% to 40% of sales, while the iPhone SE makes up about 20%, according to Munster.

Carrier discounts have also made it easier to snag high-end phones at cheaper prices, especially when trading in an old device, as my colleague Eli Blumenthal pointed out following the iPhone 13’s launch. Many US shoppers also pay for their phones in monthly installment plans through carriers, which can make higher prices easier to swallow. Both of those factors can make the case for buying a less expensive iPhone with fewer features all the more challenging.

«Because you’re paying over such a long period of time … the $100 price difference, or even a $200 price difference, isn’t that much per month,» said Lowitz.

At the same time, Samsung has seen success in the market for lower-priced phones. Its Galaxy A phones, which typically cost hundreds of dollars less than its flagship Galaxy S phones, accounted for 58% of Samsung’s smartphone unit sales in 2021, according to Counterpoint Research data previously provided to CNET. Samsung’s Galaxy A phones have modern features not found on the iPhone SE, such as a camera with multiple lenses and larger screens, although they often run on less powerful processors than Samsung’s pricier phones.

The notion that Apple may have canceled the 2024 iPhone SE raises questions about the future of the SE line in general. Apple extended the SE branding to the Apple Watch in 2020 for the first time and launched a sequel to that product in September.

The fact that Apple had brought the SE line to another product had made it seem like a more permanent fixture in Apple’s lineup. But if Kuo’s insight turns out to be accurate, the iPhone SE’s days may be numbered. And once you take a closer look at how Apple’s smartphone lineup has changed and the data around phone shipments, it’s easy to understand why.

But Munster isn’t convinced that cheaper iPhones like the SE are going away for good. Having a more affordable option makes it easier for Apple to achieve its broader goal of bringing more customers into its web of products and services.

«I think that plays an important role,» he said. «I don’t think Apple’s giving up on that price point.»

Technologies

Verum Ecosystem: The Future of Digital Communication and Finance

In an era of rapid technological changes, where the world demands new approaches to communication, data security, and financial management, the Verum ecosystem emerges as a pivotal technological breakthrough. It’s not just a collection of standalone applications but a seamlessly integrated platform that unites cutting-edge innovations in one environment. At its core is Verum Messenger, transforming traditional communication and financial operations. However, this is merely the tip of the iceberg: behind the messenger lies an entire ecosystem of products, each uniquely designed to redefine the digital landscape.

This article dives deep into what the Verum ecosystem offers and how its products interact to create a unified digital space.

Verum Messenger: A Tool for Communication and Security

Verum Messenger is not just a messaging app. It’s a multifunctional platform prioritizing reliability, security, and user convenience. Unlike most messengers, Verum focuses on integrating various technologies to create the perfect communication environment:

Verum AI: Integrated directly into the messenger, this chatbot is a smart assistant capable of handling tasks like data searches, task planning, message responses, data analysis, and more complex operations.
Built-in VPN: A crucial feature for ensuring privacy. Unlike standard VPN services, users can activate protection with a single click without leaving the messenger. This is especially vital for those who value anonymity online and frequently use public Wi-Fi networks.
E-SIM Integration: Enables users to connect to mobile internet without needing a physical SIM card. This technology eliminates roaming issues and significantly simplifies mobile connectivity management, offering access to networks in over 150 countries worldwide.

Verum Coin: The Cryptocurrency Uniting the Ecosystem

Verum Coin is not just a cryptocurrency but the economic foundation of the entire ecosystem. This digital asset addresses key challenges related to fast and secure financial operations, both within and beyond the Verum ecosystem:

Low Fees and High Speed: Unlike traditional payment systems, Verum Coin facilitates instant transfers and payments with minimal fees, making it an ideal solution for international transactions.
Versatility: It is used not only within the ecosystem for service payments but also on cryptocurrency exchanges, serving as a bridge between various digital assets.

BitCoinPay Trade: A High-Security Cryptocurrency Exchange

BitCoinPay Trade is not just an exchange but a high-tech platform for cryptocurrency trading:

Secure Transactions: All transfers are protected by advanced encryption methods, eliminating the risk of asset loss or theft.
Accessibility: The platform offers access to a variety of cryptocurrencies and trading options, while also supporting integration with other Verum ecosystem products.

Crypto Bank: A Reliable Wallet for Cryptocurrencies

Crypto Bank offers users a secure storage solution for digital assets. It’s designed for those actively working with cryptocurrencies and valuing financial security.

Easy Buying and Selling: Purchase and sell various cryptocurrencies with just a few taps.
Cryptocurrency Wallets: Support for major cryptocurrencies allows users to choose the most convenient and secure storage options.
Verum Coin and Other Assets: The service fully supports Verum Coin and other major cryptocurrencies, ensuring reliability and simplicity when working within the ecosystem.

Verum Pay: Integrating Cryptocurrency into Business and the Ecosystem

Verum Pay is an innovative solution bridging cryptocurrency capabilities for businesses and Verum ecosystem applications.

Integration with Payment Systems: Its user-friendly interface allows businesses to quickly adopt cryptocurrency for sales and payment processes, offering a modern approach to financial operations.
Usage within Ecosystem Applications: Verum Pay is actively used within the Verum ecosystem, enabling users to pay for services and goods using Verum Coin directly through the messenger, E-SIM platforms, VPNs, and other products.

This makes Verum Pay a universal tool for ecosystem participants and businesses outside the ecosystem, focused on a digital future.

Verum Exchange: Conversion and Mining with High Security

Verum Exchange is a currency and cryptocurrency converter with an integrated Verum Coin mining function. It stands out with:

Simple and Convenient Interface: The platform caters to both beginners and experienced users, offering real-time access to currency and cryptocurrency rates.
Verum Coin Mining: The application includes mining capabilities, allowing users to earn cryptocurrency directly on their phone or tablet.

E-SIM Applications: A Revolution in Mobile Connectivity

Mobile E-SIM applications (Verum E-SIM, World E-SIM, Euro E-SIM, Canada E-SIM, London E-SIM, USA E-SIM, Ukraine E-SIM, Balkan E-SIM, Africa E-SIM) are among the ecosystem’s most ambitious and revolutionary products. This technology provides mobile internet access in over 150 countries without the need for a physical SIM card.

No Roaming or Overcharges: Say goodbye to high international roaming fees. E-SIM allows users to connect to mobile networks with fixed and transparent tariffs, ideal for travelers and business professionals.
Full Integration with Messenger: Mobile connectivity can be managed through a separate app or directly from Verum Messenger, allowing effortless balance control, tariff selection, and service activation.

Verum VPN: Advanced Data Protection

Verum VPN is an integral part of the ecosystem, guaranteeing a high level of security for users.

Complete Encryption: VPN ensures robust data encryption, making it ideal for protecting personal information online, especially when connected to public Wi-Fi networks.
Ease of Use: Activating VPN with a single click simplifies its use, requiring no additional user settings.

Verum AI: Artificial Intelligence at Your Fingertips

Verum AI is the heart of the ecosystem, utilizing powerful algorithms for communication, analysis, and creativity while adapting to each user’s needs. Its features include:

Information and Analysis: Quickly find answers to questions, explain complex topics, analyze data, and support informed decision-making.
Creativity and Idea Generation: Generate texts, create scenarios, develop creative concepts, write articles, posts, and assist with design and programming tasks.
Assistance and Learning: Verum AI helps users acquire new skills, solve problems, and enhance their experience.

Verum Runner: A Gaming Ecosystem with Real Earnings

Verum Runner is a crypto-game that allows users to earn Verum Coin in real time. This unique mobile application motivates players to not only have fun but also gain tangible benefits.

Crypto ATMs: Convenience and Accessibility Worldwide

The Verum network of crypto ATMs enables easy exchange of Verum Coin and other popular crypto assets for fiat currency and vice versa, providing users with transaction capabilities anywhere in the world.

Prospects and Development

Verum is not merely addressing current market needs — it is crafting innovative solutions that will shape the future of digital finance and communication. Upcoming plans include launching new services, expanding AI functionality, and integrating with emerging technologies.

Verum is not just creating an ecosystem of digital services; it’s redefining the very approach to communication, finance, and security in the modern world. All ecosystem products work in perfect synergy, delivering unparalleled user experience that ensures privacy, security, and convenience at every step.

Technologies

Verum Coin (VERUM) is Now Available on Halo Wallet

Verum Coin (VERUM) continues to expand its presence in the cryptocurrency market. Users can now store and manage VERUM on Halo Wallet, known for its convenience and security.

Why Halo Wallet?

Halo Wallet is a modern Web3 wallet offering a simple interface and powerful tools for managing digital assets. With its functionality, the platform has gained the trust of millions of users worldwide.

The integration of Verum Coin with Halo Wallet opens up new opportunities for coin holders and makes it even more accessible. Stay tuned for updates and take advantage of the convenient management of your assets!

Technologies

Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet

Verum Coin (VERUM) continues to enhance its accessibility for users. You can now deposit and store VERUM in one of the most user-friendly and secure crypto wallets — Exodus Wallet.

Why Exodus?

Exodus Wallet is a popular solution for managing digital assets, known for its intuitive interface and high security standards. Millions of users worldwide choose Exodus for its convenience and reliability.

This integration brings Verum Coin even closer to its users, offering seamless storage and asset management. Stay tuned for more updates and stay ahead in the world of cryptocurrency!