The color options for the iPhone definitely makes sense for a more affordable model, especially given the fact that Apple implemented a similar strategy for the 5c and provided a colorful lineup. Although the new iPhone is set for release in the month of March, there is still no clarity as to what the new iPhone would be called. Conflicting reports from people close to the matter have claimed that the company wants to name the iPhone either 5se or 6c. Most recently, a photo emerged in January allegdly showing the unreleased 4-inch iPhone in comparison to an iPhone 5s. If the image is legitimate, Apple’s small format handset borrows heavily from iPhone 6s, with curved edges, a sloping “2.5D” screen and a front-facing camera shifted to the left of the ear speaker According to the very latest rumor, the new iPhone predicted to be released in March or April will be called the iPhone 5se, which is rumored to be an updated iPhone 5s with a 4-inch display, A8/M8 chips or A9/M9 chips, the 8/1.2 megapixel cameras from the iPhone 6, and NFC support for Apple Pay. On the other hand, some premium features won’t be offered, including Touch ID, which will remain exclusively available on the bigger models. Apple is said to be planning a March event to unveil new products, and it’s possible that could be where the company is planning to debut its 4-inch iPhone alongside a revamped iPad Air 3 and minor Apple Watch upgrades.