The iPhone SE is sort of a brilliant concept. Recognizing that there’s a huge market for people who can’t afford the typical price of a new iPhone (or just don’t want to spend that much), Apple takes a somewhat outdated model, replaces the processor with the latest one, and sells it at a greatly reduced price.
In 2016, the original iPhone SE put the latest processor (A9) in the body of a two-generations-old iPhone 5S for just $399. It took four years for Apple to release a second-generation iPhone SE, which once again put the latest processor (A13) in a two-generations-old iPhone 8, still for just $399.
Now two years later, Apple has abandoned this winning iPhone SE formula. It’s still the latest processor (A15),
