Apple Event Today: A New Lower-Cost iPhone Could Be on Its Way - Barron's

1. Apple may launch a new iPhone SE, boosting global sales. 2. iPhone sales fell 1% last quarter, missing estimates. 3. New iPhone SE priced at $429 could attract more consumers. 4. Analysts estimate new SE could generate $12B in revenue. 5. Apple to expand stores in India and UAE to foster growth.