Apple did launch iPhone SE to cater to the low cost yet high-end market in many regions of the World including the major market of China, but experienced slump in sales later on. Many stores and carrier are now asked to return the inventory and especially the affected unlocked SEs. Clearing the inventory can be indirectly related to slow sales that are causing company to taper off their product.

However, the development is that current iPhone SE will soon be upgraded to new memory option of 128GB and will re-launch as new Apple iPhone SE. Currently, nobody has received the iPhone SE and any outright news on its specs. Only the launch is likely to happen on Apple’s March event. So you might get a 32GB and 128GB iPhone SE.

Apple iPhone SE was one of the most interesting handset that Apple launched in centuries. Apple has 4-inch screen which is backed by A9 chipset with an option of 4K video. Currently, the iPhone is selling at $450 and we do expect the price of new iPhone to be around it. We expect that new SE might have 3D Touch and new generation Touch ID sensor.