Apple is releasing a new iPhone that will be vastly cheaper than the models it rolled out last fall when the economy was booming and the pandemic had yet to force people to rethink their spending. The second-generation iPhone SE introduced Wednesday will sell for US$399, a 40 percent markdown from the most affordable iPhone 11 unveiled last year. Higher-end versions of the iPhone 11 sell for more than US$1,000. Online orders for the iPhone SE will begin Friday, with the first deliveries expected April 24. Apple maps out its products many months in advance and the new iPhone SE isn't a direct response to the economic meltdown hatched by the pandemic.

Source: The Standard April 16, 2020 01:52 UTC