The company is rumored to have a new 4-inch iPhone up its sleeve, a 4-inch iPhone SE that will reportedly arrive alongside Apple's upcoming iOS 9.3 release.
The iPhone SE will apparently take the place of the iPhone 5c and do so with an array of colors, an A9 processor, NFC, Touch ID, 16GB/64GB of storage, and 2GB of RAM. If it's real, it will serve as an entry level device and a solid option for those that don't want a huge screen.
Release date rumors are scarce though Apple is known for releasing its iPhones almost immediately after its launch events.
With an announcement likely on the 21st, don't be surprised if the iPhone SE release date lands on the Friday following the event.