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Apple announced a new iPhone Wednesday, the iPhone SE (short for “special edition”). The device, which will be available April 24, will retail for $400, cheaper than the company’s other current-generation models, which start at $599 for the iPhone XR. The phone will also be the size of an iPhone 8, with a 4.7-inch screen and a home button-cum-fingerprint sensor. The phone builds on the iPhone SE, released in 2016 and discontinued in 2018. The company’s last announcement of a new phone came in September 2019 with the reveal of the iPhone 11 and 11 Pro.