Apple may be pondering an iPhone SE sequel. The budget-conscious device, CNET reported Wednesday, is rumored to be launching a new iteration by July 2018. The report cites a China Economic Daily update claiming that the tentatively titled iPhone SE 2 will set users back about $450, directly mimicking the starting price point of the original SE in 2016.

Though it's unknown what Apple is planning to do with the rumored SE 2, 9to5Mac reported back in August that a new budget-conscious iPhone would likely take speed into consideration by updating from the A9 chip (i.e. the one used in the iPhone 6s) to the A10 (used in the iPhone 7). Additional changes, including design, are left to speculation.

Earlier this month, a note from KGI Securities analyst Ming-Chi Kuo suggested Apple's 2018 plans included a high-end device with a 6.5-inch OLED display, as well as a 5.8-inch device (also with OLED) and a 6.1-inch device with LCD. The 6.5-incher, of course, would presumably be the iPhone X Plus.

For now, the original X—which dropped earlier this month—stands as Apple's gold standard. The 10th anniversary-celebrating device boasts a multitude of bragworthy features, including the semi-controversial Face ID and Animoji capabilities.

If taking giant leaps for humankind isn't your cup of tea, you can also settle for merely taking one small step with the iPhone 8. You won't get Face ID or full-blown status symbol accreditation, but at least it's not a Samsung.

Knowing Santa’s cheap ass, we're probably all getting the original SE under the tree this year.