And that's for the 64GB model – it's possible that the new iPhone SE 4 will start with 128GB of storage inside. An iPhone SE (2022) with 128GB of storage inside costs $479 / £469 / AU$799, which is perhaps a fairer comparison with the latest price leak, and would mean a much smaller price bump.

Apple is reportedly gearing up to launch its next-generation iPhone SE 4, expected early this year. While the company hasn’t officially announced details, a wave of leaks and rumours has given Apple fans plenty to discuss.

A new leak suggests that there might be a price hike with the rumoured iPhone SE 4. For Indian customers, the big question is whether the iPhone SE 4 can remain under the Rs 50,000 mark.