The impact of the recent sharp decline in the value of the rand is becoming apparent. The iStore said it will sell the new Apple iPhone SE, which retails for $399 in the US, for R9 999.

The iStore, a retail chain owned by Apple distributor Core Group, said in an e-mail to clients on Friday that the new iPhone SE will cost as much as R14 999 for a 256GB version ($549 in the US). The base 64GB model is R9 999, while the 128GB variant is R12 499 ($449).

Those prices are significantly cheaper than the flagship iPhone 11 Pro models, which currently cost from R22 799 for a base 64GB model and go all the way up to the iPhone 11 Pro Max 512GB variant’s R32 999.

Apple unveiled the lower-cost iPhone SE on 15 April. It features the powerful A13 Bionic chip found in the iPhone 11 Pro models. However, it only has a single rear camera, with a 12-megapixel sensor, and a relatively small 4.7-inch display.

It supports the new Wi-Fi 6 standard and LTE, but not 5G, has IP67 water resistance, and comes in black, white and red. — (c) 2020 NewsCentral Media