There are a lot of rumors spreading about the new Apple iPhone 5se. However, nothing is officially announced yet but there are a lot of speculations about the upcoming phone's looks and specs.

According to Digital Trends, the phone is speculated to have a 4-inch screen and might be named iPhone 5e, iPhone 5se, iPhone 6c or iPhone 7c.

Rumors suggest that the phone will look like the iPhone 5s but will have better internal specs despite featuring a slightly smaller screen. Regarding the pricing, rumors out that the estimated price could be around $560.

The upcoming iPhone is reported to have:

• 8-megapixel rear camera and 1.2-megapixel camera at the front similar to the iPhone 6's camera
• Large panoramas and autofocus
• Barometer for elevation tracking
• NFC and Apple Pay
• A8 and M8 chips, same with the iPhone 6
• Bluetooth 4.2, VoLTE, and 802.11ac Wi-Fi chips, similar to what the iPhone 6s has
• Live Photos, although there will be no pressure sensitive 3D Touch features

The phone is said to run on an A8 processor with 1 GB of RAM and powered by a 1,715 mAh battery. Consumers can choose storage option of either 16 GB or 64 GB. The disadvantage of iPhones in terms of memory is that you can't expand the memory through a microSD port.

There may also be a lot of color options to choose from as the phone might arrive in Silver, as well as the returning Space Gray, Gold, & Rose Gold.

According to 9to5Mac, the phone will be released some time in the earlier parts of 2016. The phone might be available in stores world wide in March or April of this year.