Apple’s next iPhone SE might be announced “as early as next week” ahead of it being on sale later in February, Bloomberg reports. The new phone has already seemingly appeared in photos and video and Bloomberg says Apple’s inventory of the current iPhone SE has started running low, which all could point to an imminent launch.

The next iPhone SE is expected to look like an iPhone 14, meaning it will have a bigger screen, drop Touch ID in favor of Face ID, and come with an A18 chip, which will let it run the company’s Apple Intelligence features, according to Bloomberg. The new phone will apparently be Apple’s first with an in-house cellular modem. And it’s set to get a USB-C port, which theoretically means Apple can sell an iPhone SE again in the EU.

That description generally lines up with the photos and video purportedly showing the next iPhone SE from leaker Majin Bu. Based on those leaks, the new phone will also have a single rear camera.

Bloomberg says the phone will have a “roughly $500 price point.” That would make it more expensive than the 2022 iPhone SE, which starts at $429.

Apple didn’t immediately reply to a request for comment. Bloomberg says the company is “unlikely” to have a reveal event for the new phone and will instead announce it on its website.

This year, Apple is also rumored to launch a thin iPhone that may be called the “iPhone 17 Air,” and Bloomberg says that the iPhone 17 and iPhone 17 Pro “will get major updates.”