It sounds like an interesting product. Apple's willingness to throw AI at the iPad Mini shows that they are willing to lower their margins to keep up.

I reckon we will see an iPhone 14 chassis with USB-C, a single camera, LCD, the A17 Pro chipset and 8gb RAM. $499 asking price.

I'd like to see them have used the same spec but use the iPhone 13 Mini chassis as lower cost SE models are often bought for kids and teens who cannot use a large-screen phone.