The tech giant has confirmed plans for a major media event in San Francisco next Wednesday where it is expected to take the wraps off the newest version of its groundbreaking mobile.
A second-generation iWatch is also expected to be revealed at the event.
Rumours around the iPhone 7’s specifications have been flying around for months. It is expected to be slimmer and lighter than the current iPhone 6S and there is a suggestion it could be waterproof.
Leaked photos also suggest it could do away completely with a headphone jack, replacing the traditional tangle of white wires with wireless Bluetooth-connected headphones.
There is also speculation that the larger 7 Plus will come with a dual-camera system.
It is likely to get a full HD 1080p edge-to-edge screen and a larger battery to keep users online for longer and address criticisms about the longevity of the iPhone 6.
Speculation about processing power has ranged from a dual-core processor like the 6S up to an unlikely hex-core but RAM is expected to remain at 2GB. Whatever the hardware, it’s likely to come with iOS 10 and the variety of functionality upgrades that brings with it.
Pricing is expected to follow Apple’s trend of keeping the cost of new handsets stable so the iPhone 7 will cost around £539 but that’s likely to come with 32GB of storage, a jump over its predecessor’s 16GB.