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Apple will launch its newest iPhone next week

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apple iPhone se
Steve Kovach/Tech Insi

Apple announced its newest iPhone on Monday, the iPhone SE.

The iPhone SE is the smallest iPhone in the family with its 4-inch screen, and it's also the cheapest. The base model starts at just $399; alternatively, it's free with a two-year contract on any major carrier.

Apple will begin pre-orders on Friday, March 25, and the iPhone SE will officially go on sale next Thursday, March 31.

You can learn more about the new iPhone here.

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Dave Smith is the front-page editor for Business Insider. His work has been published in Newsweek, ABC News, USA TODAY, Huffington Post, Forbes, ReadWrite, Inc. Magazine, The International Business Times, NPR, and elsewhere.