(Telecompaper) Apple has unveiled a new smaller, low-cost iPhone. The 4-inch iPhone SE replaces its previous iPhone 5S at the low-price end of its range, while offering some of the newer specifications of its top model, the iPhone 6S. The new smartphone will be available to order from 24 March and in shops from 31 March, starting at USD 399 for the 16 GB model. A 64 GB model will also be available, for USD 499. In addition, Apple introduced a smaller version of the iPad Pro, with a 9.7-inch display. It starts at USD 599 for the 32 GB version, compared to the reduced price of USD 399 for the iPad Air 2.