IPhone SE said to cost as little as $400 with 12MP camera, Apple Pay

Apple’s upcoming iPhone SE will cost as little as $400 off-contract, according to reliable KGI Securities analyst Ming-Chi Kuo. The device is expected to offer a 12-megapixel camera like its most recent siblings, plus up to 64GB of storage, Apple Pay, and an A9 chip.

“The well-informed analyst continues to believe the smartphone will cost between $400 and $500 in the United States,” reports MacRumors, citing a research note to investors that was issued by Kuo on Friday. iPhone 5s...

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