Hmm that’s interesting, I thought the SE4 would for sure be based on the XR, as it makes the most sense.

The SE was always about retooling an older body style iPhone to save costs. The X/XS/11 Pro were 5.8 inches and are too expensive of a body to retool for the SE, unless they really raise the price. Making an new body for the SE at 5.7 inches would also be costly. The XR/11 body seems like the perfect fit. Especially as the 11 was just dropped from the lineup with the 14’s release.

also, if they wanted to, they could do XR = SE4, then refresh it a year later with dual camera aka SE5 = 11