The ongoing rumours about the iPhone 7 includes: Apple is likely to release its new flagship in two variants- iPhone 7 with a 4.7-inch display and the iPhone 7 Plus with a 5.5-inch display. Leaked images suggest that the device will have quad speakers, two at the bottom and another two at the top for a better audio experience. The device is also believed to support two rear cameras. In terms of storage, Apple will reportedly drop its 16GB storage variant, and keep the 32GB variant as the base model, and a 256 GB variant as a top-end variant. The 256GB variant is also reported to have a price difference a whopping $300 more than the base variant.