called the 5s. the here's what tech insiders expect. it's not a total redesign but will have a faster processor. the screen size roughly the same. it will come in new colors and improved camera will take better pictures and there are rumors of a fingerprint scanner as a replacement for pass word. the cost for the basic model expected to remain the same, $199 with a two-year contract for $649 without. apple also debuting a cheaper model, the iphone 5c which will reportedly come in multiple hues. >> they have done a good job at meeting the high end, the top 10%, 20%. it's really important for apple not just to make the premium product but also a good product for the rest of the people. >> reporter: some experts say these reported upgrades aren't innovative enough to overcome the bruising it's taken