Website micgadget.com is claiming to have the first video of the unannounced (and long-rumored) 4-inch iPhone coming sometime this year. According to the leak, the design of the smaller phone should be very similar to the current iPhone 6S whilst older rumors were claiming it to be more in line with the iPhone 5S instead.
The video description claims that the unit was taken directly from Foxconn facilities (Hon Hai Precision Industry Co., Ltd.) and is one of the first samples off of the assembly line. Technical specifications, however, are still unknown. Even its eventual model name is unknown with rumors pointing to it being the iPhone 5SE, iPhone 6C, or iPhone 7C.
Previous rumors pointed to an Apple A8 SoC, 1.2 GB RAM, and 8 GB of internal memory. In addition to LTE, the phone is expected to support NFC with starting prices as high as $550 USD.
Apple's last iPhone foray into the budget category was the iPhone 5C, which proved to be less popular than the manufacturer was expecting. This 4-inch model may have to retail for much less if it wishes to undercut the entry-level market dominated by Chinese manufacturers.
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