The SE's main appeal was you got the compete performance of an iPhone 6s for a much lower price ...
hafta disagree. price has nothing to do with SE appeal. it's all about size.
Introducing a budget iPhone is fine and I'm sure there's a market for it, but is unrelated to introducing a reasonably-sized iPhone (3.5-4"). Give ppl their budget iPhone at whatever size, and then give the rest of us a 4" iPhone with flagship internals (but NO face ID) somewhere in the $700-1000 range. Actually, to get a new 4" phone I'd pay more than that.