5G is increasingly available in cheaper phones, making faster mobile service affordable to more lower-income consumers around the world, market researchers say.
Apple Inc is likely to announce today a new low-cost version of its iPhone SE with 5G capabilities at its annual spring product launch event, analysts said.
The iPhone maker is also expected to launch a new version of the iPad Air and a high-end Mac Mini at the event.
Apple’s iPhone SE is currently priced at US$399.
Apple could attract more price-sensitive consumers if the cost remains the same for the new version, CFRA Research analyst Angelo Zino said.
“It could potentially provide upside to our unit iPhone estimate for 2022 if they keep that price point unchanged,” Zino said. “The iPhone