Reports suggest Apple is on target to introduce its next iPhone and iPad models on March 15, and aims to start selling the devices in the same week, technology blog 9to5Mac reported.

Apple, which will introduce a new 4-inch iPhone, dubbed the “iPhone 5se”, and a new iPad Air at a launch event, is unlikely to take pre-orders for the new devices, the blog reported, with devices set to go on sale March 18.

Apple lovers are upbeat about this launch that can provide an inexpensive version of the iPhone, which can be used by the masses.

Here are the likely features of Apple’s ‘cheaper’ iPhone:

1. To sport slim, metal-clad body

The upcoming iPhone 5SE is rumoured to come in a metal body. It is reportedly slimmer than the older iPhone 5S and has borrowed some design elements from iPhone 6S.

2. To come in same colours as iPhone 6S

Apple might offer the iPhone 5SE in similar colour options as the iPhone 6S. So, you can expect to see the new iPhone in Rose Gold colour as well.

3. To sport fingerprint scanner, NFC

The iPhone 5SE is expected to come with Touch ID fingerprint scanner integrated on the home button and with NFC, it will support Apple Pay too.

4. To feature 4-inch display

The new iPhone is rumoured to feature a 4-inch display like the earlier iPhone 5C and iPhone 5S. However, Apple might not include 3D Touch support as it will be a low end iPhone model.

5. To have an 8MP rear camera

The upcoming iPhone 5SE might feature the same camera capabilities as seen on the iPhone 5S. This means it will offer an 8MP rear camera and a 1.2MP selfie camera.

6. To run on the latest A9 processor

As far as the CPU is concerned, it might be powered by the latest A9 processor and will come with more RAM.