How much money is saved by buying new iPhone SE?

Posted at 9:55 AM, Mar 22, 2016
and last updated 2016-03-22 09:55:19-04

The next iPhone is coming early this just another week, instead of September.  And there's a reason for the early release: Apple is trying to jump start its slowing phone sales.

So the company has just unveiled a new phone that it thinks will rekindle the spark.  It's the iPhone SE, or 'iPhone Mini' as some are calling it.

It's essentially the older 5s, in a small 4-inch case, for those who would like a smaller phone to fit in their pocket.

But there's a bigger benefit for you and  I: a substantially lower price.

Most iPhones range from $500 too $650 these days.  The new SE will be just $399.

And here's the best part: major carriers plan to offer it on installment plans for just $17 a month, much less than other iPhones.

With subsidized $199 iPhones a thing of the past, phone sales have slowed dramatically the past year.  Apple is hoping to reverse that with this new phone and the upcoming iPhone 7.

As always, Don't Waste Your Money.