The iPhone SE has now been released in stores! The SE, which means "Special Edition" will have a very competitive performance level, all packed in a smaller size - very competitive for today's era of hand held devices.

The iPhone SE will only be available in 16GB which would cost around $399; and 64GB which would be at around $499.

According to Mac World UK, the exterior look of the phone will be mostly be made of aluminum and will have matt chamfered edges. It will look almost like the iPhone 5S. The phone will be offered in Rose Gold, silver, gold and Space Grey colors.

The phone will be powered by a 64-bit A9 processor; making it the most powerful four-inch hand held device ever. It is like have the power of the iPhone 6 and shirking it down to a more portable size. According to Apple, the phone will is "two times faster CPU and three times faster GPU performance compared to iPhone 5s, all with gains in energy efficiency for improved battery life."

The camera at the back will have the 12Mp iSight lens capable of making 4k video. You can also edit up to two 4k videos with the iPhone SE through the use of iMovie. Also according to Apple, the phone will also have "video capture up to 60fps for 1080p video and 240fps for slo-mo, time-lapse with video stabilization and cinematic video stabilization."

What do you think of the new iPhone SE? Make sure check it out online or at the nearest store.