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Photo: Apple

Apple on Wednesday announced the second-generation iPhone SE, which combines many of the features of the iPhone 8 with the same A13 Bionic processor found in the iPhone 11 and iPhone 11 Pro in a $399 device.

Why it matters: It gives Apple a new product to sell and offers a lower priced option to those who need a new phone but are looking to save money amid the economic uncertainty created by the coronavirus pandemic.

Details: The new iPhone SE:

  • is built around a 4.7-inch display (similar to iPhone 8).
  • has a home button with Touch ID (similar to iPhone 8 and earlier models).
  • includes IP 67 dust and water resistance.
  • comes with a single 12-megapixel rear camera with portrait mode options (but not the night mode found in iPhone 11 and iPhone 11 Pro).
  • starts at $399 for a 64GB version, with the 128GB model priced at $449 and a 256GB model available for $549.
  • will be available April 24, though largely online given that U.S. Apple stores are closed, as are many carrier and retail partners.

Flashback: Apple introduced the iPhone SE 4 years ago, marrying the small size of the iPhone 5s with more modern internals. The device proved to be a hit among a variety of buyers, including some who preferred a smaller phone.

Our thought bubble: In a world where we may be wearing face masks for some time, Touch ID seems preferable to Face ID (which doesn't generally work with a mask).

Go deeper

Updated 1 min ago - World

German election: Social Democrats narrowly beat Angela Merkel's bloc

SPD leader Olaf Scholz. Photo: Alex Kraus/Bloomberg via Getty Images

BERLIN — The center-left Social Democratic Party (SDP) clinched a narrow victory in Germany's historic federal elections on Sunday, just four years after suffering its worst loss since World War II.

Why it matters: It's a stunning political comeback for the SPD, paving the way for its chancellor candidate Olaf Scholz to form a new governing coalition and lead Europe's largest economy into the post-Merkel era.

Updated 2 hours ago - Politics & Policy

Liz Cheney: Americans deserve better than choice of Biden or Trump

Rep. Liz Cheney talks with Lesley Stahl on CBS' "60 Minutes." Photo: CBS News

Rep. Liz Cheney (R-Wyo.) told CBS' "60 Minutes" in an interview broadcast Sunday that Americans "deserve better than having to choose between" President Biden's "disastrous" policies and former President Trump, "who violated his oath of office."

Why it matters: Cheney made the remarks after CBS' Lesley Stahl put it to her in the interview that Republicans feel that her joining the House select committee in charge of investigating the Jan. 6 U.S. Capitol riot helps "keep the focus on Trump instead of on the shortcomings of the Biden administration."

7 hours ago - Politics & Policy

First look: The LCV's $4M ad buy

A screenshot from a new League of Conservation Voters ad supporting Rep. Stephanie Murphy.

The League of Conservation Voters and Climate Power are aiming another $4 million worth of ads at centrist House Democrats, urging them to support the climate provisions in President Biden’s $3.5 trillion budget reconciliation package, Axios has learned.

Why it matters: Progressive groups are trying to counter the onslaught of conservative money pouring into swing districts. Both sides are trying to define Biden’s Build Back Better Agenda and pressure lawmakers to support — or oppose — the legislation scheduled for a vote in the House this week.