We had earlier reported that Apple is working on a 4-inch phone dubbed as iPhone 5se and it seems that we were right. If recent reports are to be believed, the iPhone 5se may be headed for a March 15 release.
According to 9to5Mac, an iPhone case manufacturer has revealed the schematics which suggest that the iPhone 5se will have an almost identical design as that of the iPhone 5s. The only major difference is the positioning of the power button which will reportedly be on the side in iPhone 5se as against the top positioning of the power button in the iPhone 5s.
Also, the iPhone 5se will have an all metal curved body and earlier reports suggesting an iPhone 6 like design seems false now. The device will be reportedly powered by the latest A9 SoC and M9 co-processor and will run iOS 9. It will also support Live Photos which is till now only available on iPhone 6s and iPhone 6s only and also have a touch ID fingerprint scanner. The 3D Touch support will be missing to cut costs and make it more pocket-friendly.
The device will have NFC and will support Apple Pay. It will come in 16GB/ 64GB internal memory variants and should be available in Gold, Silver and Space Grey colour options. No official announcement has been made yet so take this with a pinch of salt.