Apple have unveiled a brand new iPhone model at their Keynote presentation in Cupertino, California.

The phone is due to be released on March 31, and will cost $399 for the 16GB entry model.

Meanwhile, the upcoming iPhone 7 and iPhone 7 Plus will be thinner than the current iPhone 6s and iPhone 6s Plus, which raises the question as to how the Cupertino tech giant, Apple, will fit the larger battery. The 4-inch iPhone SE comes with Apple's latest A9 processor and M9 motion coprocessor, making it as powerful as the iPhone 6S, and features a 12-megapixel camera. From faster Wi-Fi and LTE components to a vastly superior camera system, the SE will more than likely spur a new wave of iPhone upgrades. As far as measurements go, they're also the same as the iPhone 5s with a weight of 113 grams. The iPhone 6 features a battery of 6.61 Whr, while the iPhone 6s had a 7.01 Whr battery. But us Indians are curious to know if this handset will finally mean that a truly affordable iPhone will be available at our disposal. This essentially nullifies the "budget" factor of the iPhone SE as anything above Rs 25,000 isn't considered budget friendly.

Apple's new iPhone faces challenge measuring up in China, India
In terms of display, the smaller iPhone features a 4-inch Retina Display with a resolution of 640x1136p. SE has a 2 GB RAM capacity that is similar to iphone 6s and better that iphone 6 that has a 1 GB RAM.

If you loved the iPhone 5s - as I and apparently many others did - the iPhone SE will feel like a compelling blend of old and new. If you're using the iPhone Upgrade program, pricing starts at $17/month. However, it is expected to be similar to that of the iPhone 6's battery.

In terms of talk time and standby time, the 6S and 6S Plus significantly outperform the smaller SE. But going by the rumored pricing of the iPhone SE, it doesn't seem like India is now in focus for Apple. The images show that the upcoming smartphone will be a lot slimmer and more appealing than what the iPhone 5S manages. Would you buy the iPhone SE if it was priced at Rs 35,000 and above?