Rumour: Apple’s new 4-inch handset to be named iPhone 5e?

Hello Monday, hello new 4-inch iPhone rumours! Reports in China have suggested a new possible moniker and spec sheet for Apple’s throwback device.
According to MyDrivers (via Apple Insider), the alleged handset will be called the iPhone 5e rather than the iPhone 6c as previously reported.
The claims suggest the device, which is purportedly scheduled for release in March, will show more design similarities with the iPhone 5s than the iPhone 6 series.
MyDrivers’ supply chain sources say it’ll have an A8 processor, 1GH of RAM and storage options up to 64GB.
This also suggests it’ll be an enhanced (hence the ‘e’) version of the iPhone 5s, rather than a budget iteration of the latest design. According to the report, it’ll retail for around $500 (about £340) and include VoLTE audio calling.
See also: iPhone 7 features
Apple’s previous attempts at a lower-end iPhone didn’t exactly go according to plan, with the iPhone 5C proving largely unloved and not all that cheap at all.
The iPhone 5C was discontinued earlier this year without a successor, but according to the rumour mill, that gap in the market could soon be filled.
Are you hoping for an iPhone 5e to fill your desires for a more pocket-friendly handset? Share your thoughts below.