After Steve Jobs died, the dick sucking homosexual who took over Apple named Tim Cook decided to adopt a business strategy of selling unlimited iPhones. They would release a new iPhone model every 12 to 18 months that had few improvements over the previous model, yet still sold it to customers for a shit ton of money with the aid of slick marketing campaigns. This business strategy was unsustainable and now with a horrible economic collapse underway it has become obvious how unsustainable it is.

That’s why Apple is putting out a very cheap iPhone. An iPhone for poor people if you will.

CNet:

Apple’s entry-level iPhone has been one of the worst-kept secrets in tech, with rumors swirling for months about an iPhone SE 2 or iPhone 9. It turns out, both names were wrong. On Wednesday, Apple unveiled a new iPhone SE with a 4.7-inch display as a follow-up to the original iPhone SE, released four years ago. The new iPhone SE is essentially an iPhone 11 stuffed into the revamped body of an iPhone 8. Like the original SE, the new phone will start at $399 — $50 cheaper than the discontinued iPhone 8, which, until this week, was the least expensive iPhone you could buy new.

You can preorder the iPhone SE from Friday April 17, and it should arrive by April 24.

The new SE will come in three colors (black, white and Product Red) and three storage options (64GB for $399, 128GB for $449 and 256GB for $549). International prices start at £419 and AU$749. Proceeds from the Product Red version will support coronavirus relief efforts.

The phone has two main audiences: budget-conscious buyers who aren’t interested in paying $799 for an iPhone 11 (much less $999 for a Pro or $1,099 for a Pro Max) and those who prefer compact phones.

This is a desperate move by Apple. Nobody is going to have money for basic necessities like food or shelter let alone money for a new iPhone. Even this iPhone model that they’re selling at these reduced prices is going to be far too much for people to shell out money for.

Apple is going to face some tough times moving forward. Although you could say the same thing about any company that doesn’t primarily deal in a person’s basic needs.