Although this latest price cut to the iPhone will seem massively tempting there could be something even better coming from Apple next year.
Rumours about a new cut-priced iPhone SE 2 have been swirling around the web for months but this device could finally be close to launch.
In fact, a recent update has suggested that a release could be imminent with a report from Japanese blog Macotakara saying that 2020 could be a big year if you want a cheaper iPhone.
Macotakara, who has a strong record of getting things correct, has cited insider sources who say a new budget phone will arrive next year.
However, in a surprise twist, it may not be called the iPhone SE 2 with the report speculating that Apple will choose the iPhone 9 naming convention instead.