Apple has confirmed its ‘Far Out’ event on September 7 at 1pm ET that is expected to unveil the new iPhone 14, which is also rumored to cost more than 15 percent than the current iPhone 13 due to high inflation.

This means the cost would increase to $1,148.85 and $1,263.85, respectively, however it should be pointed out that the exact cost has not been revealed to the public.

The world will learn about the cost during the event, but invites sent out Wednesday only shared the date and time – no other details. 

Apple typically launches a new smartphone each September, along with an upgraded Watch, so it may be safe to assume the world will get just that.

Rumors about what the new iPhone 14 could feature are flooding the internet, with many that point to an always-on screen that will display a small amount of ‘quickly glanceable’ information before its screen has been unlocked. And others have suggested the new smartphone will see a 15 percent price increase.

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Apple confirmed its upcoming event will take place on September 7. The firm typically unveils the new iPhone around this time of year

Apple confirmed its upcoming event will take place on September 7. The firm typically unveils the new iPhone around this time of year

Although Apple is famously tight-lipped about new releases, here’s what we know from company watchers and rumors regarding the iPhone 14.

As always, the camera is a key focal point for the millions of iPhone users looking to upgrade. 

According to Apple analyst Ming-Chi Kuo, there will be dramatic improvements to the iPhone’s front-facing camera that include better auto-focus features. 

In addition, Kuo says the rear camera will be upgraded to 48 megapixels from the 12-megapixel sensor in iPhone 12.

However, rumors say the iPhone 14 could cost 15 percent more than the iPhone 13 (pictured) due to inflation

However, rumors say the iPhone 14 could cost 15 percent more than the iPhone 13 (pictured) due to inflation 

Kuo revealed earlier this month that the average selling price of the iPhone 14 lineup as a whole will increase by about 15 percent compared with the iPhone 13 lineup. 

In the US, the iPhone 13 Pro starts at $999 and the iPhone 13 Pro Max starts at $1,099. 

Analyst Ross Young and website 9to5Mac have both said that the new models will be slightly larger in size – with the iPhone 14 Pro running at 6.12′ and the iPhone 14 Pro Max at 6.69′. That compares with 6.06′ and 6.68′ for the previous models.

Kuo suggests the biggest change, as far as appearance, is the removal of the notch cutout at the top of the phone

This area is where Apple houses sensors for things like Face ID, as well as the infrared camera, the speaker, microphone, front camera, ambient light sensor and proximity sensor.

9to5Mac reports that Apple will replace the notch with a new ‘pill hole’ design that will allow the company to have room for the front-facing camera and Face ID hardware, while still upping the amount of available screen real estate.

For the tech-savvy, the iPhone 14 lineups is expected to mark a big change in how Apple updates the models’ processors. Analysts expect the iPhone 14 Pro and iPhone 14 Pro Max to have the company’s new A16 chip, while the iPhone 14 and iPhone 14 Max will keep the same A15 chip that’s inside the iPhone 13 lineup.

This post first appeared on Dailymail.co.uk

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