Apple readies iPhone overhaul for smartphone's 10th anniversary

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Citing sources aware of the developments, Bloomberg suggests Apple will be adopting a slim-bezel design with curved glass and an OLED screen. Those anxiously awaiting the redesigned iPhone, however, may have to wait because supply constraints could mean the device isn't readily available until one or two months after the typical fall introduction.

Like its rival Samsung's Galaxy S8 and S8 Plus, which arrive on the market Friday, Apple's next iPhone could feature a curved-edge screen face that's almost bezel free, various sources have reported. iPhone fans might also have to drop more cash than usual for Apple's newest phone, which is rumored to be priced in the $1,000 range. As it turns out, Apple had blow-out iPhone sales in its first fiscal quarter of 2017, selling 78,290 million units in the three months that ended January 31.

But when you look at the key features and design elements expected from the iPhone 8, many sound an very bad lot like Samsung's recently launched Galaxy S8.

Because of its early lead in the mobile OLED display space, Samsung will enjoy a rare upper hand in this year's high-end smartphone contest.

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According to Bloomberg, which is in large part a reiteration and semi-confirmation of rumours that have already been out there for a while, the premium model will have a curved glass service and tiny bezels, which will allow it to have a crisp OLED display that is about the size of the display on an iPhone 7 Plus, but in a body that is closer to the size of an iPhone 7.

The Cupertino giant is also planning to include OLED screen in the next iteration of iPhone.

Significant camera changes are also in testing for Apple's overhauled iPhone. Some prototypes continue to include the slight camera bump found on current iPhones, rather than having them flush with the back surface.

Like other recently released smartphones, even Apple is testing dual-camera setup on the back which will be positioned vertically. Speaking of the front camera, it may feature the dual lenses, unlike previous models which just had the single front camera. As it has done in the past, Apple is using camera components from Sony, the person added.

The company also plans of packing all new iPhones with the latest iOS 11 which will be announced this June at an annual developer conference.

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