Apple releases second-generation iPhone SE 2020 on the economic price of a $ 399 Amid coronavirus crisis outbreak.
To draw more customers Apple introduces a lower-cost model to generate more income. Apple share drop from 1.1%, less than 2.8% decrease in the S&P 500 index.
“The first iPhone SE was a hit with many customers who loved its unique combination of small size, high-end performance, and affordable price; the new second-generation iPhone SE builds on that great idea and improves on it in every way — including our best-ever single-camera system for great photos and videos — while still being very affordable,” said Phil Schiller, Apple’s senior vice president.
Pre-orders for the new iPhone SE begin this Friday, April 17 at 8 a.m. Its the second device of inexpensive worth. Previously, iPhone 8 was considered reasonable for $499. Now, SE has become the least expensive iPhone. The SE lacks 5G capacity and Apple’s facial recognition to open the gadget. It has a 4.7-inch Retina HD display and Touch ID.
The new iPhone SE has a significant number of features similar found to iPhone 11 and 11 Pro. Furthermore, the new smartphone will come in three colors: black, white and red.