Apple's iPhone SE 2 might cost $399 and come in early 2020

Aching for a small, affordable iPhone? You might get your fix in six months or less.

According to Apple analyst Ming-Chi Kuo (via MacRumors), who tends to be right a lot of the time, Apple is planning to launch the iPhone SE 2 in the first quarter of next year.

We've heard about this model before (also from Kuo), but what's new this time around is the possible price: $399. If the info is accurate, this would mean the new SE 2 would be priced exactly the same as its predecessor, the iPhone SE, which launched in March 2016.

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As for the specifications, Kuo claims the SE will have an A13 CPU, 3GB of RAM and 64/128GB of storage — all of which is quite good for an entry-level phone, given that it's the same as on Apple's iPhone 11. The iPhone SE 2 also won't have 3D touch, which is hardly surprising given that Apple's new iPhone 11 doesn't have it, either.

The iPhone SE 2 will launch in space gray, silver and red colors, Kuo claims.

SEE ALSO: Next year’s iPhone will reportedly be similar to iPhone 4

The original iPhone SE was discontinued in Sept. 2018, leaving a big hole in the hearts of people who loved its compact, 4-inch form factor and affordable price. The new iPhone SE 2 likely won't be that small -- Kuo claims it'll be similar to the iPhone 8, which has a 4.7-inch screen -- but it should be a decent upgrade for people who still use, say, an iPhone 6 or 6S.