https://wccftech.com/2020-iphone-se-price-drop-349-iphone-12-launch/

For $399, the 2020 iPhone SE offers buyers an opportunity to experience a taste of Apple’s mobile OS without spending a small fortune and getting the same level of performance as the more premium offerings at the same time. Now, it’s possible that Apple will make the iPhone SE more affordable for the masses shortly after the iPhone 12 launch.

A tweet posted by Apple Lab suggests that shortly after the iPhone 12 unveiling, which is said to start from $699 for the base version, the technology giant will go about its usual business of either reducing the price of previous-generation iPhones or outright discontinue them. According to a previous rumor, there was no mention of the 2020 iPhone SE receiving a price cut, but it did mention that the iPhone 11’s new starting price would be $549, while the iPhone 11 Pro and iPhone 11 Pro Max would be discontinued in favor of the iPhone 12 Pro and iPhone 12 Pro Max.