It looks like Apple may be bringing a new, cheaper iPhone SE to market

Want free Samsung credits? Here's $50 worth to get you started.

Reserve your interest in Samsung's new Galaxy lineup with your email—no purchase required. Enjoy up to $1,250 savings and a chance to win $5K in Samsung credit.

Reserve Now

Just a heads up, if you buy something through our links, we may get a small share of the sale. It’s one of the ways we keep the lights on here. Click here for more.

Apple is supposedly working on a low-cost iPhone to release next spring. That could make it the next iteration of the iPhone SE, with a similar price tag.

That’s according to sources at the Nikkei Asian Review, who also said that the phone will have a screen size of around 4.7 inches. Jared is going to be so excited.

Apple is reportedly coming out with an iPhone SE successor

When it launched, the 2016 iPhone SE was $399, half the price of the existing iPhone range. With Apple’s iPhone sales slowing down, it’s a perfect time for them to release an updated version, with a similar price-point to battle in the midrange arena.

Apple is really only competing with itself at the flagship level, so a lower-cost device might grab some market share back from the Android crowd.

• The 2016 iPhone SE was $399
• Apple has lost ground lately to companies like Huawei and Oppo
• The new handset will have an LCD display instead of the OLED used in the rest of the range
• It will be similar in size to the 2017 iPhone 8, according to the three sources Nikkei spoke to

It’s about time Apple refreshed the iPhone SE. I mean, even Google has a midrange device nowadays. If Apple is to get back its hold over the smartphone market, it can’t just be about the luxury, high-end anymore.

What do you think? Interested in a new mid-range phone from Apple? Let us know down below in the comments or carry the discussion over to our Twitter or Facebook.

Editors’ Recommendations:

• Google is finally working on a fix for the Calendar spam problem
• Some tricky bastards used fake voice tech to trick a CEO into wiring them $243,000
• Firefox now blocks third-party tracking cookies and cryptomining by default
• Facebook is considering removing Like counts from your thirsty FB posts

Joe Rice-Jones

Maker, meme-r, and unabashed geek with nearly half a decade of blogging experience at KnowTechie, SlashGear and XDA Developers. If it runs on electricity (or even if it doesn't), Joe probably has one around his office somewhere, with particular focus in gadgetry and handheld gaming. Shoot him an email at joe@knowtechie.com.