There is no shortage of rumours when it comes to flagship releases this year. Adding to the bag, the latest one comes from a Wall Street analyst who claims that Apple's next iPhone design has been finalised.
Timothy Arcuri of Cowen & Co believes the handset will feature a larger 4.8-inch display, matching the trend of larger smartphones elsewhere in the market.
Cowen & Co in their research note cite checks within the company's supply chain claiming that the model will have a 4.8-inch screen and will be compatible with the faster Wi-Fi 802.11ac wireless standard.
The development of the larger iPhones is rumoured to be in the initial stage, though reports suggest that the plan is yet to be finalised.
Both the models, one over 4.5 inches diagonally and one over 5 inches diagonally, would be available in metal bodies, but will not feature curved displays.
The analyst also says that like every year the new iPhone is likely to roll out in September but he also feels that a surprise June release cannot be 'ruled out'.
Aside from hardware updates and design changes, Arcuri also said that Apple is planning 'key software innovations' with the next major release of its iOS platform.
He expects the company will highlight iBeacon, Touch ID and Passbook as part of a push into new services with mobile payments.
The iPhone 5S and 5C both had 4 inch display screens and featured only 802.11n Wi-Fi connections.
Additionally, moving away from smartphones, Apple will also reportedly unveil a 13 inch tablet this year to merge the gap between laptop and tablets.
Apple analysts, Ming-Chi Kuo of KGI Securities had also claimed last year that Apple Inc. would come out with a larger iPhone though it might not cross 5 inches owing to the company's 'one hand use' principle.