Apple's all-new budget iPhone, the iPhone SE, is available to pre-order now, and Walmart is offering a fantastic deal that brings the price down to just $199.

For a limited time, you can save $200 on the iPhone SE when you activate the phone with an installment plan from AT-T, Verizon, or Sprint.The 2020 iPhone SE features a 4.7-inch Retina display and packs Apple's A13 Bionic chip, an impressive camera system, and a 12-hour battery life.

The affordable iPhone is available in three color options: black, white, and Product Red, as well as three storage configurations: 64GB, 128GB, and 256GB. This is one of the best deals we've seen for the iPhone SE and an incredible price for an all-new iPhone.

This pre-order deal is only available online and will be in select stores starting on April 24.Today's best Apple iPhone SE (2020) dealsSee more of the best iPhone SE pre-order deals: the best prices and plans available right nowLearn more about Apple's budget phone with all you need to know on the iPhone SE 2020 release date, price, specs and more.