Apple Has a Chance to Launch an iPhone Costing Just $199

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In March, Apple is expected to reveal a 5G iPhone SE, but the major surprise could be a price cut for the current model.

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A $200 device might penetrate markets such as Africa, South America, and parts of Asia, which are currently Android strongholds.

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This would allow Apple Inc. to sign up more users for services, perhaps making a low-cost iPhone profitable in the long run.

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The latest iPhone SE is already available for under $200 from third-party resellers, and reconditioned units are available.

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In contrast, the iPhone SE sports a 4.7-inch screen, Apple A13 processor, and more sophisticated internal components.

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Apple could finally retire the iPod line if the iPhone SE matches the iPod's $199 price.

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