Apple unveils smaller iPhone SE; Cook defends privacy stance

By Julia Love CUPERTINO, Calif. (Reuters) - Apple Inc on Monday unveiled a smaller, cheaper iPhone aimed at emerging markets and possibly China, the world's biggest buyer of smartphones, as the technology company looks to reverse a decline in worldwide sales of its most important product. The new device, called the iPhone SE, has a 4-inch (10-cm) screen and represents Apple's second bid for the crowded mid-tier market after an unsuccessful foray three years ago. The more compact phone design com