Apple may launch affordable iPhone with high-end specs in early 2020

• The device is expected to cost around $399.
• The new iPhone would pack top notch specs under the hood similar to iPhone 11, 11 Pro and 11 Pro Max.
• It would be available in three different colour variants

Following the success of iPhone 11, 11 Pro and 11 Pro Max, Apple is looking forward to launch an affordable model of its flagship smartphone.

There is allot to offer when it comes to smartphone ranging between $699 and $1,099, one bothering thing about them is that they are not cheap.

However, According to Apple analyst Ming-Chi Kuo of TF Securities, the company will soon be releasing a more affordable model of iPhone which is likely to be called the iPhone SE 2.

The price tag of the new device is expected to be around $399, same as the original iPhone SE, that launched in 2016.

The iPhone SE was essentially an iPhone 5S with some updated specs. Kuo predicts something similar for the iPhone SE 2, that could be more like iPhone 8 but with improved internal parts. Apple currently selling iPhone 8 for $449.

As initial report published in 9to5Mac suggests, the iPhone SE 2 would pack an A13 processor — the same one debut in the iPhone 11, 11 Pro and Pro Max — 3GB RAM and come in space gray, red and silver.

This would be Apple's third attempt to produce an entry-level iPhone. In 2013, it released the iPhone 5C, an alternate device of then flagship iPhone 5S.