iPhone SE 2 Fake MockupSource: iMore

What you need to know

  • Cohen analyst Krish Sankar expects 46 million iPhones to be built in Q1.
  • Of that number, it's expected that 6 million will be the new iPhone 9.
  • The phone will reportedly sell for $475.

Apple will build 46 million iPhones in the first quarter of calendar year 2020 according to a new analyst report. Cohen's Krish Sankar believes that of those 46 million, around six million will be the unannounced iPhone SE replacement.

Whether it's called iPhone 9 or iPhone SE 2, rumors of a new low-cost iPhone simply refuse to go away. Sankar seems convinced that it will arrive soon, saying in a research note – seen by Apple Insider – that 6 million will be ready for sale before the end of March.

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Sanker also goes on to say that the phone is expected to sell for around $475 if and when it hits stores. We've seen rumors of an announcement in March, so we'd expect manufacturing to be getting well underway in the coming weeks. A $475 starting price is around $80 more than previous reports that have it coming in at around $399.

Sanker also has Apple producing around 43 million iPhones in the second quarter of the year, with 195 million being the total for Apple's fiscal year 2020.