Gurman, who has been a good source of Apple leaks in the past, claims that the rumored 4-inch iPhone won't look anything like the iPhone 6. According to his claims, the codenamed N69 iPhone, will resemble the iPhone 5S design and should be called the 'iPhone 5SE'. Weird...
"The new device is internally codenamed “N69,” but the launch name will likely be the “iPhone 5se.” The “se” suffix has been described in two ways by Apple employees: as a “special edition” variation of the vintage 4-inch iPhone screen size and as an “enhanced” version of the iPhone 5s. Indeed, the upcoming “5se” features a design similar to 2013’s flagship but upgraded internals, software, and hardware features that blend the old design with modern technologies from the past two iPhone upgrades."
The 9to5Mac insider believes the 5SE will feature an 8-megapixel iSight camera, 1.2 megapixel FaceTime camera, and both Apple A8 and M8 chips from the iPhone 6. Gurman also adds that although the iPhone 5SE won't support 3D Touch, it will however support Live Photos.