iPhone SE only costs Apple $160 to build

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The iPhone SE is super cheap to make.
The iPhone SE is super cheap to make.
Photo: Sam Mills/Cult of Mac

When it comes to building iPhones, it really pays to use old parts.

The iPhone SE only costs Apple about $160 to build and assemble, based on the latest findings from an IHS teardown that discovered one the display, Apple cut costs down to less than half by using the same four-inch screen found on the iPhone 5s.

Apple fixes Activation Lock bug with iOS 9.3 update

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Get your iOS device up to date fast and easy.
Get your iOS device up to date fast and easy.
Photo: Rob LeFebvre/Cult of Mac

A fix for the Activation Lock bug that plagued older devices that upgraded to iOS 9.3 has been released by Apple this morning, after the company pulled iOS 9.3 availability on select iPhones and iPads last week.

Apple pushed out iOS 9.3 build 13E237 to iPad Air and earlier models, as well as the iPhone 5s and earlier models. The previous build bricked those models during Activation Mode due to failed password authorization.

‘Leaked’ iPhone SE packaging confirms 16GB storage and Apple Pay

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iPhone SE will be the star of Apple's March 21 keynote.
iPhone SE will be the star of Apple's March 21 keynote.
Photo: Martin Hajek

The official debut of the iPhone SE is just days away, but it appears that packaging for the new device has already been spotted in the wild, and it confirms some of the device’s new features.

A photo of what appears to be an iPhone SE box was posted on Weibo this morning. If the box is indeed the real deal, Apple’s new 4-inch device will definitely be called the iPhone SE, and it’ll be the first budget-sized iPhone to support Apple Pay.

Here’s a look at the packaging: