9to5 Mac's Mark Gurman reports that the long-rumored, four-inch iPhone will probably be dubbed the iPhone 5se and be announced at a special Apple event the week of March 14. The report’s author, Mark Gurman, expects the Apple Watch 2 to be previewed at the event, as well.
Gorman says the smaller iPhone will feature a design similar to the original 5S (which will be discontinued) but with upgraded internals, software, and hardware features. New features will purportedly include: an 8MP rear camera and 1.2MP front camera (same as the iPhone 6's); an NFC chip/Apple Pay support; an A8 CPU and M8 motion co-processor (NXPI supplies the latter); support for Bluetooth 4.2 and 802.11ac Wi-Fi; and support for Live Photos. The article says that 3D Touch won't be supported, and the current 5S will be discontinued.
Gurman also reports the Apple Watch update will involve bands with more color options and others in new materials. He expects the smartwatch’s updated software to allow multiple Apple Watches to be synced to a single iPhone, new Maps functionality, and more. Apple Watch 2 predictions from other pundits include a waterproof design, a built-in camera, contextual reminders based on location, and more.