Apple’s third-generation iPhone SE with the A15 Bionic chip and 5G connectivity is set to go on sale tomorrow and analysts predict that shipments for the budget iPhone could reach 30 million units this year.
2022 iPhone SE sales expected to reach 30 million this year
According to DigiTimes research analysts Sean Lin and Luke Lin, the release of Apple’s third-generation iPhone SE could help boost sales of 5G devices in non-China markets in 2022. The smartphone is powered by the same A15 Bionic chip that is used in the iPhone 13 lineup and is the first SE with 5G connectivity. In addition, the smartphone’s starting price tag of $429 could help attract a ton of customers.
Apple has reportedly prepared components for nearly five million units of the iPhone SE 3 in the first quarter of 2022. However, shipments for the SE could be lower in that time period. As per the report, shipments are expected to jump to 11 million units in the next quarter. Sales will continue to stay high in the third quarter before they eventually drop in the fourth quarter, as the launch of the iPhone 14 lineup will be near.
According to the publication, the availability of the iPhone SE is expected to drive up 5G handset shipments to non-China markets in 2022 with a ton of users preferring its lower price tag and older design with a physical Home button with Touch ID in place of Face ID.
Monitoring data from Digitimes Research shows that the new iPhone SE, as well as new 5G mobile phones from Samsung Electronics and mainland Chinese brand manufacturers, are expected to significantly boost 5G mobile phone shipments in non-Chinese markets in 2022.
In 2021, a total of about 280 million 5G mobile phones will be shipped to non-mainland China markets. This figure is expected to surge by more than 60% to 450 million units, accounting for 63.5% of global shipments.
Despite coming into the 5G game a little later than its competitors, Apple in Q3 2021 managed to capture 25% of the market share in this segment. The launch of the SE is expected to build upon this momentum and help the tech giant ship more iPhones with 5G connectivity.