As it turns out, Apple has discontinued the well-received "iPhone 5s" from 2013 to welcome the latest "iPhone SE," which is scheduled to be released on March 31.

As shown in the image below, Apple Store no longer lists the iPhone 5s, which is the first iPhone to flaunt a fingerprint scanner. Instead, the latest 4.0-inch display clad iPhone SE has been listed.

Compare iphones The iPhone 5s has been discontinued in Apple Store. Photo: Apple

However, third-party retailers like Amazon and eBay are selling the iPhone 5s at a heavily discounted price. For instance, Amazon is now selling the unlocked 16 GB space gray variant of the handset for just $384.93. The original retail price used to be $629.99, which translates to a discount of 39 percent. This device apparently works under AT&T and T-Mobile networks.

Retailer eBay, on the other hand, is selling the “refurbished” units of the iPhone 5s with 32 GB memory for just $239.88. However, the seller is offering warranty along with the refurbished units.

The iPhone 5s came with a 4.0-inch display and 640 x 1,136 pixels screen resolution. Under the hood, it was powered by Apple’s A7 processor with 1 GB of RAM backing the phone.

The new 4.0-inch iPhone SE, on the other hand, can be preordered from March 24. This compact handset will be made available in space gray, silver, gold and rose gold metallic finishes. Speaking of price, the 16 GB model of this handset can be availed for $399.