Apple, this first quarter released the "PRODUCT Red" edition of iPhone 7 and 7 Plus, which can be regarded as a follow-up to last year's "Jet Black" edition.

Apple will start making its next generation smartphone, the iPhone 8 much sooner that was originally expected, according to a pair of reports on Internet.

However, if Apple does aim for an all-screen solution, it beats the question: What happens to the Touch ID fingerprint sensor that now sits within a soon-to-be-gone Home button? As the information about the next iPhone is appearing online in reports, we have gathered some specs that Apple has in stores to offer on the next iPhone.

The smartphone will come with a large display moulded into a compact form factor. Sadly, the leaked diagram does not have an illustration on how the screen-embedded camera, proximity sensors, 3D sensor and others would look like on the iPhone 8.

Apple Insider, meanwhile, insists: "No, Apple won't move the home button and Touch ID to the back of the "iPhone 8"."

Apple usually diversify suppliers for key parts but for the first OLED iPhone some Korean suppliers are expected to provide the parts exclusively due to their technological sophistication. This is interesting because, Apple is reported to be working on a fingerprint sensor which would integrate into the display, under the glass. "Additionally, we believe Apple has evaluated Synaptic's (SYNA) optical fingerprint solution, but that it has not been qualified".

On Sunday, MacRumors spotted a leaked 3D design drawing of what seems to be the iPhone 8. Considering the unit price of about US$5, about 80 million OLED iPhones are expected to be rolled out this year.

Another clue is that, according to 9to5Mac, Foxconn, a Taiwanese multinational electronics contract manufacturing company, has not shared as many leaks as it normally does around this time of year.

Would you buy an iPhone 8 if the unthinkable happens? Like every other handset, it also has strengths and weaknesses.

The firm might also just release the two minor-upgrade devices in September and leave the premium version for a later date. Along with a 5.8-inch iPhone 8/iPhone X, AAPL is expected to launch a 4.7-inch iPhone 7s and a 5.5-inch iPhone 7s Plus.