Apple typically launches its new flagship iPhones every September. In 2020, Apple may offer a new, cheaper iPhone launching in the spring, says Business Insider. Allegedly, the newer low-cost iPhone SE that will resemble the iPhone 8 will start at $400. This means it will likely retain the home button and may only have one single rear camera. However, it is expected to run on the same processor as the iPhone 11 and 11 Pro. That pricing would also put the iPhone SE 2 on par with Google's $400 Pixel 3a.