Apple iPhone 6
Screenshot of purported iPhone 6 4.7-inch model from Marques Brownlee's YouTube video.Screenshot from Marques Brownlee's YouTube video.

With the release date of Apple's upcoming flagship smartphone iPhone 6 drawing closer, several reports, including those of price cuts on its latest devices iPhone 5s and iPhone 5c have been doing the rounds. A carrier has started selling the products with a discounted price tag, which is believed to be a move to deplete the current stock of the devices.

T-Mobile has slashed the price of 16GB iPhone 5s unlocked version from $648 to $600, 32GB variant to $700 and 64GB to $800, which was first reported by CNET. The carrier has also slashed the price of the unlocked version of 16GB iPhone 5c to $500 and the 32GB variant to $600.

But interestingly, the prices of the devices still remain the same on Apple store. Instead, it offers gift vouchers for students.

"Buy a Mac for college by Sept. 9 and get a $100 Apple Store Gift Card. Or buy an iPad or iPhone and get a $50 gift card. You'll also save on a Mac or iPad with education pricing," it said. 

According to CNET, T-Mobile's move could be "designed to deplete the company's current stock of iPhones" as Apple Inc. is expected to discontinue some of its current products after the release of its upcoming iPhone 6. The website also mentioned that the same carrier had in June allowed prospective buyers to try out the latest iPhone 6 on its network before taking the final decision to buy it. 

The Cupertino giant hasn't revealed that price of iPhone 6 but it is expected to be higher than its predecessor, as it may come with better material, including sapphire crystal glass. It is almost confirmed that the device will be unveiled at its scheduled media event on 9 September. The launch of its latest software, iOS 8 may take place on 11 September before opening for pre-orders a day later and subsequent launch after a few days.

According to reports, Apple Inc. will release two models of iPhone 6, one with a 4.7-inch display and the other with 5.5-inch. The smaller variant might come with a 1920x1080p (440ppi) resolution, while the larger model may have 2272×1280 (510ppi) pixels. Both the models may have same processor - 20-nanometer A8 chip (64-bit) – and run on and iOS 8. It is also reported that the device will come in three variants – 32, 64 and 128 GB internal memory – and come packed with 1GB RAM.

Apple may not upgrade the camera pixel, housing an 8MP camera, which is seen in its predecessor iPhone 5s. Apple Insider reported citing analyst Ming-Chi Kuo that it will have features like low temperature polysilicon in-cell touch panels, Touch ID fingerprint security, NFC and metal casing.