How Apple's 399 iPhone may give it an edge

USATODAY - Tech Top Stories 

Apple's new iPhone SE is the lowest-priced iPhone ever. "This is a symbolic threshold," says Frank Gillette, an analyst with Forrester Research. "Apple going below 400 is big." The SE is expected to do well in India and China, where having a lower-priced iPhone gives Apple an edge it didn't have before. The new device, announced Monday, is basically an iPhone 6S in a smaller, 4-inch body, and is a 38% discount to the current 4.7-inch iPhone 6S, which starts at 650.