Apple is eyeing March 15 as the date for its first quarter launch event, according to a new report from 9to5Mac.

According to several sources, Apple is reportedly planning to launch a compact 4-inch version of its famous iPhone, rumored to be dubbed the “5se” rather than the “6c.” The device is expected to mostly be an upgrade of the company’s iPhone 5s, complete with an upgraded A9 chip, a new NFC chip for Apple Pay, Live Photo capabilities and curved glass edges.

The event is also expected to host the launch of a new iPad Air 3 with iPad Pro-like features and possibly updates to the Apple Watch.

Though not expected to be a blockbuster, the event will come at an important juncture for Apple. In a recent forecast, Apple warned that it is expecting the first-ever decline in iPhone sales during the January to March quarter.

The tech giant said revenue could fall nearly 8.6 percent year-over-year during the first quarter, despite record sales of 74.8 million iPhones in the last three months of 2015.