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The video look highly credible to me. Compared to the person's hand, the phone is clearly smaller than the X. The edges are iPhone SE-like. The finish looks great, and things fit together. The edge does not appear to be a case. The uploader did not claim this is the SE 2. If you look closely, the caption includes a question mark. As far as I remember, a smaller LCD version has been long rumoured.This could be it. I'd certainly look forward to such a device, and I think it could drive Apple's installed base way up.