In a note to clients, analyst Ming-Chi Kuo says that Apple will release a lower-priced iPhone SE 2 (only a rumored name) in the first quarter of 2020 for $399. He predicts its specs will include: iPhone 8 body, an A13 CPU, 3GB of RAM, 64GB and 128GB options, and no 3D Touch feature. Kuo prognostics that the phone will come in silver space grey, and red options. The analyst feels that Apple has told suppliers to produce between 2-4 million iPhone SE 2 units each month. He expects Apple to sell in excess of 30 million iPhone SE 2 phones across 2020.