Wait for Performance Upgrades
We haven't seen iPhone SE 4 rumors outline major performance enhancements yet, but you can expect Apple to deliver the usual improvements it makes to new iPhone models.
You can expect the iPhone SE 4 to feature an improved processor which should lead to better battery life and app performance.
The iPhone SE 3 came equipped with Apple's A15 Bionic processor which means the next-gen model will likely come with an up-to-date A-series chip inside.
If it arrives in early 2024, we expect it to have Apple's A16 Bionic chip inside. The A16 Bionic should debut alongside the iPhone 15 series next year.
We'd also expect a new iPhone SE to come with a newer 5G modem though it's unclear if it will be from Qualcomm or Apple itself.
Apple's reportedly working on its own modem though we may not see it arrive until sometime in 2024 or 2025.
Given the iPhone SE 4 release date rumors we've heard thus far, both are currently in play.