J.P. Morgan: Apple’s upcoming 5G iPhone SE could help attract billion-plus Android users

Apple’s upcoming 5G iPhone SE has the potential to attract more than a billion non-premium Android users, J.P. Morgan analysts wrote in a note to clients on Monday.
Apple’s iPhone SE (2020)
Reuters:

The company is expected to launch the iPhone SE with 5G capabilities in early 2022, according to media reports and the brokerage, with the analysts adding the model will allow Apple to target the mid-range smartphone market…
The upcoming smartphone has the potential to lure nearly 1.4 billion low- to mid-end Android phone and about 300 million older iPhone model users, the brokerage estimated.
“Apple’s trade-in program for non-iPhones is admittedly not as attractive as the iPhone trade-in values, it could nonetheless lead to an average starting price range of $269 to $399 for the 5G iPhone SE, which is still very competitive,” analyst Samik Chatterjee, rated five stars on Refinitiv Eikon for his estimate accuracy, said…
The brokerage raised its estimates for fiscal 2022 iPhone SE unit sales to 30 million units and annual iPhone shipments expectations to 250 million units, 10 million higher than a year earlier.

MacDailyNews Take: Some Android settlers will never be saved. We pity them.
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