Could this be the 'cheap' iPhone we've been waiting for?

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The latest leak gives us the names and some new features about the upcoming iPhones.

Reports say that Apple will call its iPhone X followup the "iPhone XS", with the larger 2018 iPhone model being called the the "iPhone XS Max" instead of using the standard "iPhone". Though it's unclear whether the move was intentional, as if to stir-up further excitement, or simply an accident.

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If anything, the iPhone X showed Apple that the $999 barrier is a tough nut to crack even for the most recognized brand name in the industry which enjoys somewhat of a cult following. According to his sources, the 6.5-inch would be called iPhone XS Max, and the base model 6.1-inch LCD iPhone would be known as iPhone Xr. Additionally, the 6.1-inch model won't sport the dual-camera setup found on the new iPhone devices.

The iPhone XS will have the same 5.8-inch OLED display, whereas the iPhone XS Max will have a massive 6.5-inch OLED display. Shortly after Apple's big event on Wednesday, Microsoft is expected to introduce new Surface hardware on the 2nd of October, followed by new Pixel hardware from Google on the 9th of October. The LCD model is said to be the cheapest among the three and will sport a display having a size of 6.1-inch.

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The company is hosting the Apple Special Event at 10:00 am PDT (10:30 pm IST) on September 12 at Steve Jobs Theater in Apple Park. Top of mind is, of course, the successor to the iPhone X, reportedly called the iPhone XS. Last year, the lowest-spec iPhone X retailed for $999 in the U.S., but R20 499 here. That said, just like every other year we hardly know much regarding the changes Apple plans to bring about with its new range of iPhones, we would love to see the Tim Cook led firm make these five improvements in their new devices.

Have a peek at the timeline below for additional tips and bits of information on the Apple Event that'll take place on September 12th, 2018. Apple's new iPhones are expected to come with big upgrades over the current lot, but also carry higher price tags.

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According to 9to5Mac, GBH Insights analyst Daniel Ives, there is "a massive iPhone upgrade opportunity" in the making...' He said, "The new phones "will help capture the underlying demand [for] upgrades among customers that have chose to bypass the ... cycle this time around, with price points and features that catalyze fence-sitting iPhone customers onto their next smartphone".

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