Apple CEO Tim Cook teases launch of iPhone SE

Apple's Chief Executive Officer Tim Cook hinted at the impending launch of a new product from the tech company, posting on X on Thursday, which is expected to be the iPhone SE.

Get ready to meet the newest addition to the family," Cook wrote in the post. "Wednesday, February 19.

in late morning trading.

The company will be using the latest modem chips.

Apple initially released the iPhone SE in 2016, but the device's limited features have hindered its sales. The company revamped the iPhone SE in 2022, and it remains the only iPhone model that still features a home button and does not use Face ID. The latest iPhone SE is expected to include Apple's advanced technology and have a design similar to the iPhone 14.

Below the estimated $71.04B, at $69.14B.

Despite concerns that the field may be stagnant, CEO Cook stated on the company's earnings call that he thinks there's still plenty of room for innovation in the smartphone industry, especially in terms of design. "I believe there's a lot more to come and I could not feel more optimistic about our product lineup," Cook said. "In my opinion, there's a lot of innovation left in the smartphone."

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