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Apple set to unveil new iPhones on Sept. 12

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Apple's iPhone users awaiting the arrival of the company's next-generation smartphone now have a date to circle on the calendar.

Apple will hold its annual product launch -- where it typically shows off new iPhone models and other product updates -- on Tuesday September 12.

 

For the first time, the event will be held at the spaceship-shaped Steve Jobs Theater on its new Cupertino, California headquarters, expected to open later this year.

This year is expected to be a big one for Apple, since 2017 marks the 10-year anniversary of the iPhone. Rumors indicate the company will introduce three new devices at the event: the iPhone 7S, iPhone 7S Plus and the so-called iPhone 8, which will be the 10th anniversary edition.

The iPhone 7S line is expected to feature incremental updates, but the anniversary phone could get a whole new look.

Related: Fitbit tries to catch up to the Apple Watch

Apple CEO Tim Cook was recently photographed with a taller iPhone in his pocket, which lines up with rumors that it'll come with a 5.8 inch display. To put that into perspective, the iPhone 7 is 4.7 inches and the iPhone 7 Plus is 5.5 inches.

The anniversary device is also expected to include an OLED display that has richer colors, wireless charging, a virtual home button and facial recognition technology. There's lot of speculation about its price, too, which could start at $1,200 -- twice the cost of an unlocked iPhone 7.

Apple is also expected to reveal its first cellular Apple Watch and a 4K Apple TV set-top box at the event.

Although the launch event is slated for September, it may take a while for customers to get their hands on a new iPhone. Some analysts believe the anniversary device could be in short supply, citing "constrained supplies."

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