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Besides, a 6GB of RAM and an iris scanner, the Note 7 is expected to come with a new version of TouchWiz, dubbed Grace UX as well.

If that specific type of smartphone display seems unfamiliar, that's because it's new. While fans and critics are concentrating on its rumored next release, which is the Samsung Galaxy Note 7, speculations are circulating all over the Internet that the company is already planning to develop the next iteration of its flagship handset. While its name may be history, it lives on as the upcoming Samsung Galaxy Note 7, set to be unveiled on August 2.

As far as Samsung Galaxy Note 7 specs are concerned, the phablet is expected to feature a 5.7-inch QHD display of 1440x2560 pixel resolution and a Qualcomm Snapdragon 820 processor with Adreno 530 GPU.

Most reports claim that the iPhone 7 and iPhone 7 Plus/Pro will be more of an evolutionary "s" moniker iPhone release, with a completely redesigned iPhone 8 reportedly coming in 2017.

Rumors have speculated that the Galaxy Note 7 will cost more than the previous Galaxy Note devices have.

Should you by Samsung Galaxy S7 or Apple iPhone 6s?

Samsung's Galaxy S7 is one of the main reasons why Android continues to enjoy dominance over Apple.

"Apple and Samsung have less to worry about from each other going forward - and much more to worry about from other competitors, and the changing landscape", Kantar analyst Lauren Guenveur said. In fact, recent data from Kantar Worldpanel suggests that Samsung's flagship Galaxy S7 models outsold the iPhone 6s over the February through May time period.

Samsung's earnings during the remainder of this year hinge on how well the Galaxy Note 7 does following strong sales of the Galaxy S7, which hit stores in the first half. "Second, the Galaxy Note7 will minimize confusion about the latest mobile technology from Samsung, and provide full alignment with Galaxy S smartphone".

The post fueled rumors that the Samsung Galaxy Note 7 launch will happen during the Samsung Unpacked event.