Rumors Round-up

Ahead of the iPhone media event today at 10AM PST [Click here for your timezone​], the rumor mill is in high gear and below is a round-up of all expected products, features, and speculations:
Apple is expected to announce two new phones at the event, iPhone 5S and the new iPhone 5C. Both models being available in new color variations. The App store is currently shut down and is expected to return after the event is over, with new pages featuring the newly announced hardware.
An improved processor, A7 Chip
Based off of the latest Apple naming trend, the new iPhone would almost retain the same exact iPhone 5 casing, therefore the name, iPhone 5S. we’re expecting the iPhone 5S to include an upgraded processor, A7 chip, which sees a 31% improvements over its predecessor. Not to mention that each previous processor iteration saw 50% more powerful than its predecessor.
Dual-LED Flash
Leaked iPhone 5S back-plates suggest that the new phone will incorporate a dual-LED flash that will allow for much improved lighting quality for photos and video taken in low-light environments.
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