Long for a cheaper iPhone? New SE 2 with iPhone 11 chip 'due early 2020 for $399'

Losing ground in emerging markets, Apple might launch a new low-cost iPhone
Apple might attempt to fix its pricing problem with a new cheaper iPhone that uses components from the iPhone 11.

Apple could be launching its rumored iPhone 8-like SE 2 for $399, according to noted Apple analyst Ming-Chi Kuo. 

Kuo is calling the budget iOS phone the iPhone SE 2 because it is a sequel to the budget iPhone SE that Apple released in 2016 for $399. 

The original four-inch display iPhone SE had a then current A9 processor but a smaller screen than the iPhone 6s. 

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Nikkei in September…

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