Apple Inc. world's largest technology company,is expected to present it's new iphone is September.Apple's iphone launches are among the most events on the tech industry calendar.

Apple will be unveiling its new or the Next Generation iphone at a special event on September 10.The new iphone will hit the stores in time for crucial holiday season.

Apple related news , confirms that the new iphone will be called iphone 5S.It also adds that the new Gold colour variant will be introduced for iphone 5S this year,and also Apple will get rid of the rectangular icon on iphone's Home Button.News also confirms that the cheap iphone will be called iphone 5C.

It is been predicted that the iphone 5S will be powered by a faster A7 processor, and phone camera will feature a smart flash will will have white and yellow light  depending on the surrounding conditions, and it will also have a fingerprint scanner under the Home Button for security.The low cost iphone i.e. iphone 5C will have a hybrid casing of fibreglass and plastic making it slimmer and lighter and will be available in various colours.The iphone 5C will back a 8 MP camera but there would be some enhancements.