Consumers should not expect to see the launch of an iPhone SE successor next year. REUTERS/Stephen Lam

After releasing the iPhone SE this past March, many consumers are looking forward to the launch of its successor. The device is after all quite famous to users who prefer the 4-inch screen over the larger displays of the flagship variants. Unfortunately, there’s word coming from a credible analyst that claims a new iteration for the 4-inch line is unlikely to launch in 2017.

KGI Securities analyst Ming-Chi Kuo, who is known for having a good track record when it comes to leaking and predicting the plans of the Cupertino giant, has reportedly said that Apple may not release a successor to the iPhone SE by March 2017.

PhoneArena has learned that the reason why this prediction is likely to happen is because Apple wants to boost the sales of its high-end iPhones. The iPhone 7 and iPhone 7 Plus are significantly more expensive than the SE, so selling more units of the flagship duo would mean bigger profits at a faster rate.

The iPhone SE debuted as a smaller alternative to the iPhone 6s. It has a small form factor and it does not have 3D Touch, but it still won the hearts of many consumers. Yahoo! Tech reported over the weekend that Apple CEO Tim Cook did not actually expect that the 4-inch variant is getting that much reception from consumers.

Kuo noted in his statement that Apple saw an “upbeat demand” for the SE in the first half of 2016. Meanwhile, the demand for the new iPhones are expected to decline in the first half of 2017. To remedy this, the Cupertino giant is going to subtly encourage users to upgrade to the new iPhones by putting the SE series on hold.

GSM Arena stated that the extension in the iPhone SE’s life would also mean that Apple is preventing internal competition between the small variant and the new flagships that are sporting 4.7-inch and 5.5-inch displays.

Though Kuo is known for being a reliable source of intel from Apple, it is important to note that his statement should be taken with a grain of salt because the Cupertino giant has not confirmed this yet.