In addition, 9to5Mac sources have also disclosed that the 4-inch iPhone model will have curved edges and curved front glass.

The month of March this year will see Apple Inc. unveil the much hyped "mini iPhone" that has flooded the internet with speculation.

While a 4-inch iPhone is nothing new for Apple, the company has made that screen size unavailable in its latest two iPhone lineups: both the iPhone 6 and 6S are only available with 4.7-inch and 5.5-inch displays. The new device will come in same color varieties as the iPhone 6S, including a rose gold version. Additionally, it will have an NFC chip for Apple Pay (Cupertino hopes this more affordable model could boost adoption of its payment service in the US), as well as live photos support and autofocus for video recording.

A new video purported to be that of the iPhone 5se / 6c should be proof enough of Apple still harboring ambitions in the ever-burgeoning budget smartphone segment as well. Live Photos will also be added, but there won't be a 3D Touch screen so whether it'll work with long presses on the button or some other way is anybody's guess.

Apart from Li-Fi, Tech Radar cited the removal of headphone jack as another significant change in the upcoming iPhone 7. This is in line witha previous TechCrunch report.

As for the Apple Watch, it is expected to get a major revamp as well, but later this year, somewhere after September. According to 9to5Mac report, Apple is not targeting mainstream or budget shooters with the iPhone 5SE.

Perhaps the biggest shock of the new iPhone, which is expected to be in stores by early April, is the name that Apple is said to be considering. Apple is now offering a program that allows users to trade in old iPhones for a new one, but we can only guess whether this will apply to the iPhone 5SE when it comes out in March 2016.

The new iPad Air 3 would be powered by the A9X SoC (iPhone 6s features an A9 SoC), 2GB of RAM, and camera improvements. Apple has not officially announced the device yet, but it is said the company will do so during an event that will be held in March.