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Apple might launch a low-cost iPhone SE successor in spring 2020

The purported 4.7-inch iPhone would be a response to Apple's sales decline, according to Nikkei.

Apple might revive the iPhone SE next spring. 
César Salza / CNET

Apple will unveil its iPhone 11 lineup for 2019 next Tuesday, but we might already have a glimpse at what it expects to do in 2020. The Cupertino, California, company plans to add a cheaper iPhone -- its first since 2016's $399 iPhone SE -- to its lineup next spring to win customers back from competitors like Huawei, Nikkei reported Wednesday.

In July, Apple reported that iPhone sales slid 12% to $26 billion in its fiscal third quarter.

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The name and price have yet to be decided yet, but the size will be comparable to the 4.7-inch iPhone 8 from 2017. The phone will share most components with this year's iPhones and use a cheaper LCD display to keep the cost low, according to the Japanese paper.

Apple didn't immediately respond to a request for comment.