Mark Gurman of 9to5Mac is back with more details about the rumored iPhone 5SE, following the last report that revealed the device's existence and purported 4-inch screen. We've already heard that it's most likely going to have most of the guts of an iPhone 6 crammed into the smaller iPhone 5's body — though altered so that it has curved edges instead of sharper chamfers.

The new details: Apple is reportedly leaning towards including the more modern A9 and M9 processors (or at least variants thereof) rather than the older processors that were used in the iPhone 6. Gurman suggests that's because the next flagship iPhone will have a newer processor and so Apple may not want the 5SE to fall behind too far. The iPhone 5SE may replace the iPhone 6 and iPhone 6 Plus in Apple's lineup.

But while all that is good news, the bad news is that the entry model is apparently going to still start with only 16GB of storage capacity, Gurman reports. Apparently the step-up sizes will be larger (64GB instead of 32GB), but after years of complaints about Apple's stinginess towards storage capacity, it's still a disappointment. It's also understandable — the rumored iPhone 5SE is likely meant to be an entry-level model and so Apple will want to find cost savings wherever it can. We can only hope that Apple won't make the iPhone 7 with the same base storage.

The new iPhone 5SE may be announced alongside new color and band options for the Apple Watch and possibly even an iPad Air 3 (if it's ready in time) in March. However, it's still not clear whether or not Apple intends to hold a live event to announce the new products or if it will simply release them on its website.