Apple’s new iPhone SE is just $399

If Apple’s new iPhone is just $399, why not just buy that one, instead of forking over $699, $999 or $1,099 for the bigger iPhone versions?

https://www.usatoday.com/story/tech/2020/04/28/399-apples-revived-iphone-se-cheaper-than-all-other-iphones/3034247001/