According to Apple who may have just a little bias.
iPhone X and SE were equal this year.
The iPhone SE with a mix of 2012/2013/2015 technology is of course not going to be as satisfying than the iPhone X. An updated SE would have been a different story.
Apple's market share of computers is a minority case. The majority use machines that have SD cards/USB-A etc alongside USB-C.
Also Apple is supposedly interested in the environment and soldering and non reparable machines are not environmentally friendly.
Plenty of consumers are open to upgrading their machines - they are just unaware of what can be done and think they need to replace their machine as soon as becomes slow (which is of course what Apple wants). I've done so many upgrades for people, most didn't know it was possible and in many cases it meant they didn't need to buy a new machine. Again, not what Apple wants.
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The iPhone SE exceeded demand when it was introduced. If you look at iPhone user shares worldwide, it did pick up considerable share. The iPhone SE did sell well considering it was by the end quite outdated technology.
The SE is blamed for the average selling price of iPhones in one or two quarters of 2016 going down. That would tell me it was too successful, as it doesn't have the margins that other devices had. And Apple doesn't care about what people enjoy using, as long as it is "Good enough" to sell and makes a higher profit margin then thats what they'll go with.
From what I see and hear, people tend to not care that much. I know plenty of people who bought 4.7 inch iPhones because in their words a "bit big, but good enough". Good enough is not equal to completely satisfied.
If Apple offered a PROPER range of small phones that didn't sell and not just the SE which was a strange offering for trying to be inexpensive but also trying to be for the smaller phone market then you could say that most people don't want it.
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I'm sorry but the iPhone SE was profitable. They had a profit margin on the iPhone SE and they sold a lot of them. Investment in technology was very minimal, the case was already there, the screen as already there and the logic board + camera were as well.
The problem was it wasn't 'Profitable enough'.