The Apple website prices only reflect the top end of the iPhone market. The iPhone SE 2nd generation is still sold new directly from low price/prepaid carriers for under half that price (right now $189 on the Tracfone website for example, probably even cheaper elsewhere). Compare that to new Android phones in the same price range which often are loaded with adware/spyware apps that cannot be uninstalled, and blocked from all security/software updates, the longevity makes an older SE competitive with the cheapest 3rd world country android phones in the long term, and with performance that exceeds even the highest end Android phones because of a better cpu.