I miss the 3.5" screen. I hope that makes a comeback.
I'm guessing you are trying to be funny, but you know what? I'd buy a 3.5" iPhone before I'd buy a 4.7" iPhone. That's because I never intend on using an iPhone as my primary computing device. So, I need a screen that's big enough to do what I need to do with a smart-phone AND that is most convenient to use as a phone. The 4" (or a bit less) is pretty much the sweet-spot with maximum screen space while still being reasonable in size.
What if this guy on video just has really big hands?
Even so, when I first saw the photo on the articles, I thought, "That's way to big to be a 4" device."
If you like smaller version iphone like 3 out of 5 in my family, than you will buy otherwise it's just a talk, jibber-jabber on net. Those who still using 4S/5/5S and more comfortable like smaller footprint iphone don't care big tech jump long as main features(ApplePay,VoLTE,etc) are covered and user experience is still great as any iphone(IOS).
I think it's a split market. There is a market for a 'budget' iPhone of people who just want an iOS phone device and don't care that much if it has the latest and greatest. But, I think there is also a sizable group of people who want the latest, but don't like the huge size (like me).
If it's a budget phone, I'll likely not buy it. And, since I will no longer buy a 5s, then I'll not be an iPhone user.
That means I have to carry a dumb-phone and an iPod touch... until Apple makes enough stupid moves with OS X that they lose me on the Mac platform as well... at which point the whole eco-system will be too weak to keep me with Apple anymore period.
Not only will Apple be losing a 30 year brand evangelist (I'm responsible for thousands, maybe tens of thousands of people buying Apple over those years, and entire companies sticking with Apple in the dark-times of the 90s) but also someone who regularly purchases a number of Macs and iOS devices each year.
So, is it worth it to Apple to make a device a smaller pie-segment are clamoring for? To the bean-counters, who can't see the big picture of what I've just said above? No. In reality, it's well worth it. I guess we'll see who is in charge in a couple of months.