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It's calculated Apple leak time: Cheaper iPhone, laptops with proper keyboards, and, oh, a Tile competitor

0laf Silver badge

Apple has probably has a rolling prototype of an SE2 always ready in the wings. They just don't want to release a cheap phone until they really are sure it's not stealing sales from the £1000+ range.

Someone is crunching number to work out if they'll make more money from more £400 phones or £1000 phones. I doubt it's more complex than that.

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