It's that time of the year again when Apple refreshes its iPhone lineup and the rumoured release date of the new iPhone 7 series is September 7. There have been numerous reports about the upcoming iPhones, but nothing is officially confirmed by its maker. However, industry sources have shared information, which is believed to be true to the best of their knowledge.

The latest bit of information originating from a French publication, Nowhereelse.fr, revealed that the 4.7-inch iPhone 7 variant will feature a camera lens with Optical Image Stabilisation (OIS). This feature, although seen in most phones today, will stabilise photos or videos by varying the optical path to the sensor, hence adding more detail and reducing noise.

The leaked photo, shared by Nowhereelse.fr, shows images of an alleged camera module of the upcoming iPhone compared against the modules of those from the previous generation iPhones (via iFixit). But the iPhone 7 Plus camera module wasn't leaked in the latest render.

From what we have learnt in the past, the bigger 5.5-inch iPhone 7 Plus will feature a dual-camera setup, something which is still a rising tech and a major step-up for Apple. There have been several sources confirming that the iPhone 7 Plus will come with upgraded camera technology among other premium features that will not be seen in the smaller iPhone.

Besides the improved camera, the new iPhone 7 series is expected to feature a pressure sensitive home button, which is seen in Macbooks. There are also reports about the new iPhones to come without the standard 3.5mm headphone jack, which also gave rise to a controversy among Apple fans.

Other upgrades in the new iPhones include an A10 procesor, 3GB RAM, 32GB base storage option and a new 256GB storage variant. The pricing had also leaked recently by MobiPicker, which claimed the entry-level iPhone 7 will cost ¥5,258 (around $802 or Rs. 53,000) and the 64GB and 256GB models will be priced at ¥6,088 (around $924, Rs. 61,000), ¥7,088 (around $1075 or Rs. 71,000), respectively.

It is only a matter of few days before we know for sure how much of it is true or not. Stay tuned.