Apple's New iPhone SE Offers Most of the Features at a Fraction of the Price

Apple Inc. unveiled the new iPhone SE, its first low-cost smartphone in four years, seeking to boost sales while consumers wait for the launch of new high-end models with 5G later this year. To get to the lower cost, Apple is using an iPhone 8 design that debuted in 2017 along with a less advanced camera system, a smaller and older display and a Touch ID fingerprint scanner instead of 3-D facial recognition. The new model comes in black, white or red with storage options ranging from 64GB to 256GB, Cupertino, California-based Apple said on Wednesday. While many of the device's specifications have been surpassed by newer technology at this point, the iPhone SE does use the same A13 processor as the latest flagship iPhone. This also gives Apple a more competitive model in countries such as India that are flooded with cheaper Android phones.