Apple decided to bring the pocket-friendly iPhone trend back with the new “iPhone SE,” introduced alongside the 9.7-inch iPad Pro. However, the tech giant did not reveal the “associated expansion” of the acronym “SE” during the launch event, much like how Apple never discloses the RAM configurations.

But now, Phil Schiller, Apple's VP of Worldwide Marketing, apparently told Fortune Magazine’s Jason Cipriani that the “SE” stands for “Special Edition.” On the contrary, rumors had it that the name could be “Second Edition.”

Here is the tweet confirming the name of the iPhone SE:

As far as the key specifications go, the 4.0-inch Apple iPhone SE packs 640 x 1,136 pixels resolution and it uses LED-backlit IPS LCD display technology. This combination translates to a pixel density of 326 ppi.

Under the hood, a dual-core Apple A9 processor powers the handset with 2 GB of RAM onboard. On the software front, iOS 9.3 runs the handset, out of the box.

Apple has mounted a 12-megapixel rear-facing camera unit, in addition to a 1.2-megapixel shooter at the front of the iPhone SE. The main camera unit comes with a dual-LED (dual tone) flash and can record 4K videos.

Speaking of battery configuration, the tech giant has opted for a modest Li-Po 1642 mAh non-removable battery for the compact device. This battery unit will apparently be able to provide up to 14 hours of 3G talk time and up to 240 hours of 3G stand-by time.

As expected, a fingerprint scanner has been embedded on the home button. Similar to the iPhone 6s, this device also supports Apple Pay. The iPhone SE will hit the store shelves on March 31.