Apple has lowered the price of the iPhone SE with 64GB of storage from $499 to $449 in the U.S. following its iPhone 7 event yesterday. Likewise, the monthly installment price now starts at a lower $18.71 per month through carrier financing. The 16GB model remains $399.
Apple released the iPhone SE in March 2016 as a low-cost successor to the iPhone 5s, much to the delight of customers who prefer a 4-inch screen. Apple has not disclosed iPhone SE sales numbers, but in April the company said demand for the device was "very strong" and higher than expected.