Apple bets new 4-inch iPhone to draw big-screen converts in China, India

CUPERTINO, Calif/MUMBAI (Reuters) - Apple Inc is betting a new 4-inch iPhone will spur smartphone users in key markets such as China and India to ditch their larger-screens in favor of the diminutive, yet feature-rich and lower-priced iPhone SE. "With the iPhone SE, Apple is choosing to aim at an under-served segment of consumers that prefer small screen smartphones and have been reluctant to upgrade," research firm IHS said in a note. Users will be more willing to ditch their larger screens if