Apple Inc. is definitely making the smartphone industry more interesting as latest rumors claimed that the company will not only launch one new iPhone device this 2016. In fact, rumors have it that there will be three new iPhone 7 units, in addition to iPhone SE, which are all rumored to be released this year.

The online realm is currently running abuzz with rumors that three iPhone 7 units are set to be released this year. According to Valuewalk, Apple is believed to launch the standard iPhone 7 smartphone, the iPhone 7 Plus phablet and the recently speculated iPhone 7 Pro.

The next-generation iPhone 7 units are also reportedly different from previous models. And since the devices are expected to undergo a major overhaul, its designs will differ as well.

Since the latest iPhone 7 rumors are deemed news-worthy, we compiled notable and interesting information about Apple's upcoming smartphone. And 4 exciting scoops are listed below.

1. iPhone 7 Design

Apple is reportedly making a thinner version of the iPhone devices. Rumors have it that the upcoming iPhone 7 will be as thin as the 6.1 mm iPod Touch because the company is ditching the 3.5 mm headphone socket and replacing it with the much thinner Lightning port, MacRumors notes.

In addition, the new iPhone 7 unit will also have a new ceramic body with metal frame. It is also reportedly waterproof.

2. iPhone 7 Specs

Loyal iPhone users will be thrilled in iPhone 7's 12 million pixels iSight camera. Mobipicker reveals that Apple will be introducing a DSLR snapper when the next-generation iPhone devices will be released.

Moreover, iPhone 7 camera will also include an enhanced optical zoom technology. Both iPhone 7 and iPhone 7 Plus devices are also equipped with the next-generation A10 processor, which is manufactured by TSMC.

As for other iPhone 7 specs, it will also feature a 5.8-inch AMOLED display, 2GB of RAM for iPhone 7 while 3GB for iPhone 7 Plus. It will also have wireless charging, new 3D Touch, faster Touch ID features and improved battery life.

3. iPhone 7 Price

As for its price, Tech Advisor hints that the new iPhone 7 might cost $769 (£539) for a 16GB version, $883 (£619) for 64GB and $997 (£699) for the 128GB iPhone 7. There are also rumors that Apple will also release a 256GB iPhone model that will cost around $1,141 (£800).

4. iPhone 7 Release Date

Rumors have it that iPhone 7's release date will be sometime in the fall of 2016 to early 2017. But based on the previous reveal and release date of other iPhone models, Apple might release iPhone 7 and iPhone 7 Plus in September, as per Trusted Reviews.