It's being outed by a new screen protector that has an updated all-screen design and a notch cutout at the top, according to hit-and-miss leaker Sonny Dickson.
This would give the iPhone SE 2 design a refreshed look for 2018, one that's in line with last year's all-screen iPhone X, but at a smaller, one-hand-friendly size.
iPhone SE 2: If and when?
The problem with this leak is that it's easy to fabricate. You can easily shrink down a plastic screen protector and instantly manufacture buzz around the iPhone SE 2.
And a sequel to the original iPhone SE is long-rumored and has never materialized. The SE came out in March 2016, and every event since has yet to produce an update.
This iPhone SE 2 leak, if true, is a good sign that Apple is working on a new version of its smallest still-on-sale iPhone. Whether or not it makes a surprise appearance at WWDC next week is news that will have to wait until Monday.