Apple's return to the market for 'low priced' phones after 4 years and the company's production of cheap iPhones is likely to begin in February.
The Bloomberg report cited the claim that the cheapest iPhone could be introduced in March.
The iPhone, which could be the same size as the 4.7-inch iPhone 8 of 2017, will be Apple's first low-priced phone after the 2016 iPhone SE.
The iPhone SE was priced at $ 399 and consumers will be able to buy this new low-cost phone at the same price.
This phone will have most of the features of the 2019 iPhones while the cheap LCD display will be used to keep the price low.
Earlier in the report, it was reported that the iPhone SE2 could possibly be named as the iPhone 9 which will have the Home button with Touch ID.
Likewise, the feature of fee ID will be provided along with the A13 Bionic processor.
It will have a 12-megapixel single camera on the back like the iPhone 8, and a camera on the front.
Apart from this, 64 to 128 GB storage options will be offered along with 3GB of RAM.
As mentioned above, this phone is likely to be introduced in March because, for the past few years, Apple has been holding an event in March each year with various announcements.
Introducing the Apple TV Plus and Apple Card last year, a cheaper iPad in 2018 and the iPhone SE in 2016