Reports stated that Apple will not be releasing a low end smartphone dubbed as iPhone 5S. Instead, Apple will release iPhone 6 and iPhone Mini.

While there are a myriad of rumours pointing to the release of the alleged low cost iPhone 5S. Some signs point to a small, cheap iPhone known as iPhone Mini. It is speculated that Apple will employ the formula it used in releasing the iPad Mini, which is doing very well in the market since its release.

On the other hand, reports claimed that Apple will also release the next generation of iPhone - iPhone 6.

Rumour has it that Apple's iPhone 6 will be powered by A7 quad core processor, which claimed to be faster than the previous processor. The processor will be paired with iOS 7 operating system, which is packed with new and better features.

Apple may have planned to bump the storage capacity of its smartphones. iPhone 6 is said to be coming in 16GB, 32GB, 64GB, 128GB variants.

Concept images claimed that iPhone 6 will be packed with security features. It is reported that Apple is planning to include a fingerprint sensor in Apple devices for added security. Moreover, a new approved patent from Apple will enable users to operate their devices with mere scratches or tap gesturing.

The patent discusses acoustic input devices and basically means that iOS devices could also be used with sound inputs that would be transmitted via the casing that would then correspond with certain functions.

Lastly, a new concept of iPhone is making the rounds showing the device capable of wireless charging. One of the most common complaints with Apple devices like iPhone is the fast depleting battery. However, with wireless charging, users will enjoy longer battery life.

However, Apple has not yet confirmed any of the aforementioned rumours stated above.