Last night, Apple released a statement warning investors that it would miss its quarterly revenue guidance, making it the second revenue warning in only two years. Apple said that business outside of China was strong, but production bottlenecks would affect worldwide supply and domestic Chinese demand was also down.

Bloomberg says that Apple has been readying the lower-cost ‘iPhone SE 2’, which will resemble an iPhone 8 with an A13 chip inside, despite coronavirus disruption to factories. The publication believes the device is still on track to launch in March.

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Today’s news brings another report on ‘the iPhone SE 2,’ expected to be launched in the first quarter of next year.

It’s not, though.

I mean, yes, I absolutely believe Kuo that Apple is launching a new, budget-focused iPhone model early next year, and I accept that this is intended by Apple to fill the hole left by the removal of the iPhone SE. But it’s not an SE 2…

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Apple is set to launch the next version of the iPhone SE 2 in the first quarter of 2020, according to renowned Apple analyst Ming-Chi Kuo. The new phone will be more affordable than the rest of the Apple iPhone lineup and feature newer internals, like an A13 processor with 3 GB RAM, in a familiar iPhone 8 chassis.

Kuo says that most of the new iPhone SE’s hardware specification will mirror the iPhone 8. The analyst predicts Apple will sell 30-40 million units across 2020.

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The iPhone SE 2 — or whatever Apple would call a successor to the SE — has provoked more comment than any iPhone that doesn’t yet, and likely never will, exist.

Regular readers will know that I’m a great fan of the size and slab-sided design of the iPhone SE. I welcomed its introduction in 2016, “downgraded” to it shortly afterwards, and quickly knew it was the right decision. It was only a desire to experience the next generation of iPhones that had me move on from it.

I’ve also expressed both hope and despair at the idea of an iPhone SE 2…

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Apple is about to launch its flagship iPhone 11 lineup next week, but these high-end models only make up about half of Apple’s total phone sales volume. Its cheaper SKUs are also important to its business. Currently, it offers the iPhone 8 and iPhone 7 as cheaper models. It is possible that the iPhone 7 will no longer be sold once the iPhone 11 is released.

A report from Nikkei says the company is planning to launch a new 4.7-inch iPhone in the spring, a spiritual iPhone SE successor — at least in terms of price point.

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The iPhone SE (hands-on), which is quickly approaching its third anniversary, was an amazing phone when it was released. It gave us a device with the timeless design of the iPhone 5s, with modern specs borrowed from the iPhone 6s.

With the news that Apple recently sold out of a clearance allotment of the iPhone SE, it got me really thinking about the device again. Are people crazy for buying a nearly three-year-old budget-minded iPhone in 2019? Watch our hands-on video as I revisit the iPhone SE, breaking down its current strengths and weaknesses.

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