Apple plans to deliver a more compact iPhone in 2025, according to The Information

Days after the company debuted its most recent iPad Pro, which has a new CPU for AI processing, Apple announced the news in an attempt to overtake its Big Tech competitors and take the lead in this rapidly developing field.

Apple's iPhone revenue during the second quarter of its fiscal year dropped 10.5% to $45.96 billion.

According to three sources with knowledge of the project, the Information published a story on Friday stating that Apple is working on a more compact version of the iPhone, which is probably going to be released by 2025.

According to the article, the rumored slimmer version would probably cost more than Apple's iPhone Pro Max and be released with the iPhone 17 in September 2025.

The source also said that the Cupertino, California-based corporation is now testing several designs for the gadget, code-named D23, which may have Apple's most recent chipset, most likely the A19.

A request for comment from Reuters was not immediately answered by Apple.

The anticipated redesign emphasizes how much Apple has to improve the iPhone, its best-selling product, given the fierce competition it faces from Samsung Electronics worldwide and Honor and Huawei in China.

According to research company International Data Corporation, Samsung led the smartphone market in the first three months of 2024 with a 20.8% share, followed by Apple with a 17.3% share.

Apple's iPhone revenue during the second quarter of its fiscal year dropped 10.5% to $45.96 billion.

According to the source, Apple also aims to discontinue its less costly iPhone Plus model and release a less costly iPhone in the spring of 2025 as a replacement for its iPhone SE.

Days after the company debuted its most recent iPad Pro, which has a new CPU for AI processing, Apple announced the news in an attempt to overtake its Big Tech competitors and take the lead in this rapidly developing field.