The new iPhone will be revealed this evening. (Photo: Kārlis Dambrāns / Flickr)

The wait is finally over. A new iPhone will be unveiled this evening but not the one you’re expecting. Apple will reveal the new iPhone SE which cosmetically will match the appearance of the current 5S with a slightly boxier shape and a smaller screen.

What is it?

Despite the model being reverted back to a 4-inch screen, the new phone will not be stripped back of any iPhone 6 features. The design is mainly focused upon those who don’t like the new iPhone 6 design but would still appreciate some of its qualities.

Colours on offer are expected to be the same as the 5S but also featuring the rose gold theme from the iPhone 6S and 6S plus.

What can we expect to see?

The new SE will boast Apple’s impressive 12-megapixel camera with the capability of filming 4k video.

Removing the older A7 processor and inserting the iPhone 6’s A9 processor, will give the SE a faster operating system and the capability to access Siri by voice command whilst Apple Pay will be supported too.

Apple will be releasing the SE in the 16GB and the 64GB memory sizes too, with the 32GB being removed from production.

It’s not thought that Apple will include the 3D-touch featured on the 6s model.

When will it be released?

The release is expected to be relatively low-key due to the model being introduced as an upgraded entry-level handset as opposed to a top of the range all-singing all-dancing smartphone.

Apple handsets generally go on sale in the UK around a week after release. No word has been said about the pricing of the SE yet, however it could follow the price of the current 5S whilst the 5S is either reduced or discontinued altogether.