The SE represents two important elements in Apple's thinking.Just ordered an SE the other day, it'll be replacing my 6. If the SE never came into existence, I would have upgraded to the 7 in September. But now I'll be sticking with the SE no matter what the 7 has, and I'd like to stick with the 4" form factor in the future.
1) That they continue to vacillate, demonstrating their internal struggle with choices. Kind of like parents that don't trust their children. Never one to value customer feedback in a way that would truly benefit them, Steve Jobs incessant effort to brainwash the faithful into believing he was a know all genius succeeded brilliantly. Once customers were trained to be passive and compliant, Steve called all the shots.
2) Now firmly ensconced in the Tim Cook years, Apple caves in, provides choices and continues to amass an embarrassment of riches.