Apple, Inc. has several launch events lined up for 2022, if reports are anything to go by. The company is widely expected to announce a budget model of its iPhone as early as March. Will Apple Make a $199 Gamble? Apple could opt to sell its older iPhone SE model at a lower price of $199, Bloomberg columnist Mark Gurman said in his Power On weekly newsletter. The second iteration of the budgetary model launched in April 2020 has a starting price of $399. With the 5G-enabled iPhone SE likely to make its appearance soon, Apple can take a bold step with the prices of the older SE model, the Apple writer said. Apple has all along adhered to founder Steve Jobs’ “don’t ship junk” ethos, Gurman said. When the first low-end phone, the iPhone SE, was introduced in 2016, it was priced at $399, well above the level of …