The new iPhone is an annual event, but this year promises to be a bit more interesting in that Apple will unveil not one, but two, new phones for your delectation. But what can we expect?

First up, the iPhone 5S, so called in rumor because the last few generations of iPhone have seen an update rather than a complete overhaul; new generations come on a two-year basis. Honestly, this is fairly standard for an Apple update, even by the standards of the wackiest rumors; while we have no rumored information on the specs worth discussing, it’s safe to assume this will have a faster processor, better camera, and improved battery life. The screen is unlikely to change very much. Mostly we’ll be interested to see what Apple brings to the table with the A7, which was rumored to have some problems with processing speed: If Apple trends hold, it’ll be a dual-core processor, probably 1.6 or 1.7 Ghz in speed. Oh, and there will be that fancy fingerprint scanner we told you about a few weeks back.

The real question is what we’ll see from the iPhone 5c, the iPhone’s new, cheaper, “budget” little brother with a cute little shout-out to Apple’s desktop past. “Budget” and “cheap” are relative terms here: Nobody worth taking seriously believes the iPhone 5c will cost less than $300, meaning you can get it for about the cost of a Nexus 4. Similarly, if Apple’s tendency towards production efficiency holds, this won’t actually be a “new” phone per se: It’s likely to essentially be a smaller, brighter, more colorful version of the iPhone 4S.

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Will it be enough to keep cheap Android phones from eating into Apple’s market share? Good question. We’ll start finding out the answer next month, and if anything new comes along, we’ll keep you updated.

Dan Seitz

Dan Seitz is an obsessive nerd living in New England. He lives in the Boston area with a fiancee, a dog, a cat, and far too many objects with processors.