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It is available for preorder this Friday, April 17th, and it will ship on April 24th. There will be a 128GB model offered for $449 and a 256GB model for $549. Like other iPhones, it will come with a free year of Apple TV Plus. It will come in black, white, and Product Red.

The iPhone SE is essentially an iPhone 8 with a better camera and processor — and a lower price tag. Although it’s a relatively old design, this iPhone SE has Apple’s A13 Bionic chip, the same that’s available in the latest iPhone 11 and 11 Pro models.

That should ensure that it has a much longer lifespan than the $449 iPhone 8 model that it’s replacing in Apple’s lineup, which had an A11 chip from 2017. There won’t be a plus-sized version of the second-generation iPhone SE, but the iPhone 8 Plus will continue to be sold in certain markets.

The processor also lets the new iPhone SE gain some new camera features. There’s a single 12-megapixel camera lens on the back (along with a flash). Apple says it’s using the A13 Bionic’s chips to improve its Smart HDR photography, which combines multiple shots into a single photo to improve lighting and detail.

It also has a portrait mode with technology Apple calls “monocular depth sensing.” It uses machine learning to detect depth and faces — which, unfortunately, means that it will only work on people, not pets. It includes optical image stabilization, and Apple says it can do “cinematic” stabilization on video as well as support 4K video at 60fps. The front-facing selfie camera is 7-megapixels, and it can also do portrait mode effects.