There are no new sealed iPhone 7 or X in the clearance section. The iPhone 7 and X exist in the clearance section as refurbished items only. And even then, they have only a 15% discount.
Sure, the SE should be priced lower as an old iPhone. But not 30% lower.
Historically, new items in the Apple Clearance section don't see any discounts at all.
For example, these MacBooks in the Clearance section are 2017 models. They were sold at full price. Unlike the SE, Apple didn't see the need to give them a $100 or $150 discount.
https://web.archive.org/web/20190102060352/https://www.apple.com/shop/refurbished/clearance
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That's true for many people on this forum and we've heard that many times.
But from a macro perspective, everything Apple has done signaled their belief that SE buyers are price sensitive. Apple wouldn't discount the SE by 30% in the clearance bin if they thought most SE buyers would pay for the form factor.
The situation is similar to the iPhone 6s. Certainly, there are consumers who want the 3.5mm jack. But the vast majority of customers bought the 6s because of cost. Apple recognizes this or the price of iPhone 6s would be the same as iPhone 7.
There was no such signal. Pricing alone doesn't dictate what somebody likes or wants, especially when flagship phones cost thousands and you're debating over the $50-100 price difference between what one can realistically expect to pay for an SE vs 7 today.
If SE buyers were as price sensitive as you claim, they wouldn't have bought this many SE's. Instead, they would have opted for the iPhone 6 or 6S, which were basically the same price as the SE in recent months and came with larger screens. This alone shows that people bought the SE for the size and not the price. If I liked a bigger screen, I would have never favored the SE over the 6 or 6S, given the same cost.
There's a reason why this board is swarmed with SE threads! You never see this with the iPhone 6S, which had essentially the same specs with a bigger screen. Today, the 6S can be bought for the same price as the SE. And yet, it sees nowhere near the demand of the SE.