TFI Securities analyst Ming-Chi Kuo has shared a new forecast concerning the budget smartphone Apple, which will be released in the first quarter of next year. In a research note to investors, the expert noted that in 2020, the cupertinos will release at least 20 million iPhone SE 2. While Kuo does not exclude, that against the backdrop of strong demand for a budget model, the production volume may rise to 30 million new smartphones.

In General in such forecasts is not surprising. If you believe the many rumors and predictions, the successor to iPhone SE looks very attractive. At a cost of $ 400 for the base model, users can get the advanced machine with CPU of Apple A13, 3 GB of RAM and a decent main camera.

In the past, Ming-Chi Kuo noted that apparently the budget Apple smartphone will be similar to the iPhone 8. The device will retain the hull form, a display with a diagonal of 4.7 inches and the Home button with the scanner Touch ID. It is likely that the new product will be called iPhone 9.

According to the forecasts of the same Ming-Chi Kuo, the official announcement of the new device will take place before the end of the first quarter of 2020. The production of novelties will start in the end of this or early next year.

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