Apple's newest smartphone, the iPhone SE, is a scaled-back, four-inch device that packs a ton of iPhone 6s tech into the body of an iPhone 5s.
And at just $399 for the 16GB model and $499 for the 64GB version, much has been written about the affordability of the SE, which provides newcomers with a surprisingly cheap path to iOS.
But how exactly did Apple make the iPhone SE so cheap?
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