Could Apple make a $299 iPhone?

Apple's cheapest iPhone currently on sale is the 32GB iPhone 7, which retails for $449. While this seems like a reasonable deal -- especially when you consider that Apple's most premium iPhone tops out at a whopping $1,449 -- it's a lot of money for old hardware. What Apple needs is a budget iPhone designed from the ground-up to be cheap yet functional.

We need is an updated version of the iPhone SE, which was Apple's original answer to cries for a cheaper iPhone. And there are rumors circulating to suggest that Apple has an updated version of the petite iPhone SE in the works.

Must read: Apple has let down every iPhone user

The original iPhone SE dates back to the spring of 2016, and the hardware retailed for $399 for 16GB of storage. That was back when Apple could get away with asking for $400 for a phone with such a dismal amount of storage.

It's 2019 now, and times have changed, and that's a good thing for consumers because Apple will need to work harder to make the sale.

Also, $400 is now a lot of money for a budget smartphone, and if Apple wants to combat falling sales it would make sense to slash this starting price down to a more reasonable $299.

Best Android smartphones (July 2019)

Here's what I'd expect the tech spec to look like:

• 4-inch LED display (likely the same display found on the latest 7th-generation iPod touch)
• 32GB to 128GB of storage
• 2GB RAM
• Wireless charging
• A10 Fusion chip (found on the latest 7th-generation iPod touch)
• Touch ID (because Face ID tech would add too much to the price)
• 12-megapixel rear-facing camera
• 7-megapixel front-facing camera
• Headphone jack

Essentially, a 7th-generation iPod touch, with cellular capability.

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Do you think Apple needs a cheaper iPhone? Would Apple go as low as $299? Let me know below!

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