Apple (AAPL, Tech30) blog 9to5Mac published images of what appears to be the new iPhone 5SE to the right of an iPhone 5S. Both phones have the same profile, with a four-inch screen. But the iPhone 5SE has rounded edges, a Touch ID home button and the on/off button placed on the right-hand side of the phone, similar to the newer iPhone 6 and iPhone 6S models.
Releasing a smaller iPhone 5SE makes a good deal of sense for Apple. In the fall, when Apple is expected to release the iPhone 7, Apple would typically be expected to retire the iPhone 5S, which will be three years old in September.
But the iPhone 5S is the last four-inch iPhone on the market. Though Apple doesn't break out sales numbers for different versions of the iPhone, Wall Street analysts believe that there has been a large amount of staying power for the iPhone 5S because of its smaller size. Read more on money.cnn.