Really, Tim Cook? Really? You have access to arguably the world’s greatest consumer technology developers and most recognizable brand name — Apple Inc. (AAPL) — and your next big product is revamp of the flagship iPhone you were making two generations ago?
The first notable difference between the iPhone 6s and the iPhone 5se is the size, with the 5se sporting the 4-inch screen of the original iPhone 5.
While it’s not the sort of “WOW” material we got under the Steve Jobs era, the iPhone 5se is rumored to offer a couple of cool upgrades. Namely, an NFC chip for use with Apple Pay, improved Bluetooth hardware and software, and faster chips (maybe even the A9 or M9).
Still, is it time for owners of Apple stock to at least discuss the possibility that Apple is running out of ideas?
Meet the iPhone 5se
The device won’t be officially unveiled until mid-March (if it’s actually unveiled then); and as is usually the case with any new or renewed Apple product, the rumors — many of them accurate — have almost told the market everything it could want to know about the impending device.
Indeed, the word is that a couple of Apple employees have already acknowledged that the “se” in iPhone 5se has the dual meaning of “special edition” and iPhone 5s “enhanced.”
Point being, there are a lot of specific details for the name to be just a rumor.
More importantly, Apple tacitly acknowledges the upcoming device is not a step forward in the iPhone line. The next one due is, or was, the iPhone 7, following the recently released iPhone 6s.
In all fairness, it’s not a step backward either, at least in terms of the underlying technology. The device is in several ways superior to the iPhone 6s. The aforementioned A9 and M9 chip is a big upgrade, and it’s got a barometer built in for those consumers who (for whatever reason) need such information.
The camera is a bit better as well, though not significantly so. Indeed, the only truly meaningful difference between the iPhone 6s and the iPhone 5se is the 4-inch screen.
Why Not an iPhone 7?
The question everyone’s asking themselves is the right one to be asking — why an iPhone 5se? Why not an iPhone 6se, or why not make what’s going to be the iPhone 5se part of the iPhone 7 lineup?
If nothing else, reverting to an older model risks sending the wrong message to current and would-be buyers. Indeed, it does send the wrong message about AAPL stock. That message being that Apple has so few new product or technology ideas it doesn’t even feel comfortable forging ahead with its sequential numbering scheme.
That’s the market’s chatter anyway, not that the market is wrong to have doubts about the company’s future.