According to that schedule, Apple should be offering a significant update to the iPhone this year, and call it the "iPhone 7." The larger version of the iPhone, which will probably be called the iPhone 7 Plus if Apple sticks with its conventions, may have two cameras on the back of the phone. If the reports are true, Apple is unlikely to get a sales bump on the scale that it normally does when releasing a overhauled iPhone. Overall, Apple's iPhone sales in 2016 haven't been as strong as they were last year, and that's worried many investors who know that the majority of Apple's money comes from iPhone sales. If the reports are true, Apple is unlikely to get a sales bump on the scale that it normally does when releasing a overhauled iPhone.

Source: New Zealand Herald August 29, 2016 18:26 UTC