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Apple may offer a new 4-inch iPhone as early as this March, new reports claim while reigniting rumors that a smaller revamped successor to the iPhone 5S is in the works.

Until very recently, the 4-inch phone was deemed to be the small-sized successor to iPhone 6S, a low-cost iPhone 7 option. On Friday, Forbes pointed out that rumors of iPhone 5C replacement are harbinger of the new 4-inch device which could be called the iPhone 6C. This phone could reach stores in April, it was suggested.

The latest reports which caught the Internet's fancy on Saturday however claimed that the phone will be an iPhone 5S successor and is likely to be named iPhone 5SE. 'SE' indicates special edition. The phone will be powered by the same hardware that powers the iPhone 6. It will not be a smaller cousin of iPhone 7 which is rumored to launch with radical changes in design and function, including without a headphone jack, reports 9to5 Mac. The report attributed the information to sources that have 'used' the upcoming 4-inch device, while claiming the device could be released in March or April.

Some of the features of the new device include A8 chip and 8 MP cameras used in iPhone 6, an NFC chip and Rose-Gold color option. It will feature the iPhone 6S's live photos feature but will not come with 3D Touch.

Mashable points out that the new device is Apple's hopes of getting people who have not upgraded from the iPhone 5S, to upgrade.