The New iPhone 5S and Other Possible Surprises From Apple's Event

Apple expected to unveil new versions of the iPhone 5 on Tuesday.

Apple is reportedly set to release two new versions of its iPhone 5 smartphone, the iPhone 5S and iPhone 5C, on Tuesday.

Apple is reportedly set to release two new versions of its iPhone 5 smartphone, the iPhone 5S and iPhone 5C, on Tuesday.

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Fans of Apple products will have new options after Tuesday, when the company is widely expected to debut two new versions of the iPhone and software upgrades to match the new phones.

[READ: What We Know So Far About the New iPhone]

Reports indicate that Apple will unveil the iPhone 5S, a phone with a faster processor than the iPhone 5, which was originally released in September 2012. Apple will also likely unveil the iPhone 5C, which is expected to be a less expensive version of the iPhone 5. The less expensive iPhone 5C is expected to be aimed at developing countries to allow Apple to build a new consumer base among low-income customers who cannot easily afford newer models of the iPhone, the New York Times reports.

 

Apple sent out announcements to the press on Sept. 3, inviting reporters to an event on Sept. 10 with a cryptic message "This should brighten everyone's day." Apple could not be reached for comment for this article.

The new smartphones will likely operate on the new iOS 7 software upgrade. Developers have been able to access the iOS 7 software in beta mode since June, and new applications available on the iPhone will likely flood in after Apple unveils the final version of the software on Tuesday, GigaOm reports.

[PHOTOS: Customers Swarm Apple Stores as iPhone 5 Goes on Sale]

Apple might have more secrets to unveil.

Software upgrades might include a feature that will allow the iPhone 5S to be used as an electronic wallet by holding the phone close to a sensor at a cash register, according to 9to5Mac.

Upgrades for the Apple TV are in the works at the company, but a new version of that Web TV hardware will likely not be unveiled on Tuesday, AllThingsD reports.

Phablets, a name for smartphones with big screens including the Samsung Galaxy Note 2, may be another way for Apple to compete in the handset market, but it is unlikely that Apple will unveil an iPhablet on Tuesday, according to InformationWeek.

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