Today, Apple announced the iPhone SE. Like the original iPhone SE, it's aimed at consumers that don't want to spend as much on a premium iPhone, and at people that don't want to adapt to a newer form factor.
You might recall that at the time of the original SE, Apple was moving from a four-inch smartphone to 4.7- and 5.5-inch form factors, and consumers were calling for a newer four-inch device. The first iPhone SE was pretty much an iPhone 5s with the internals of an iPhone 6s. That scenario applies here as well. The new iPhone SE is pretty much an iPhone 8 with the same processor as an iPhone 11.
The A13 Bionic processor is one of the top-performing chipsets on the market right now, which means that the iPhone SE is absolutely one of the best performing smartphones on the market at its price point, which is $399. There aren't any Snapdragon 865 Android phones at that price; in fact, those are almost universally more expensive than last year, due to the requirement that OEMs purchase a separate Snapdragon X55 5G modem.
The device features a single-lens 12-megapixel f/1.8 rear camera, although while the sensor is the same, you'll still get better pictures. This is once again due to the A13 Bionic chipset, and the new image signal processor (ISP) that comes along with it. The same should go for the seven-megapixel front camera.
It comes with a 4.7-inch Retina HD display, which gives it a 1334x750 resolution, resulting in a 326ppi pixel density. Holding true to the iPhone 8 form factor, there's still a home button for Touch ID.
The iPhone SE comes in black, white, and PRODUCT(RED), and in 64GB, 128GB, and 256GB storage variants. Pricing for those models is $399, $449, and $549, respectively, although you can get one for as little as $229 if you trade in an existing iPhone 8.