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A new report out of the Far East claims Apple will release both an upgraded "iPhone 5S" as well as a new "iPhone 6" with a larger 5-inch screen this year.



From Apple Insider:
The details come from investment news service BrightWire, which cited a report out of Chinese mobile phone information site Laoyaoba.com. That source reportedly spotted two new iPhone models at Apple's suppliers.

The report said that Apple "may" release both models in 2013. The iPhone 5S reportedly has a design similar to the current iPhone 5, while the 5-inch iPhone is said to be lighter and thinner.

As larger iPhones like Samsung's Galaxy Note series have gained traction in the marketplace, there has been increasing speculation that Apple could go even bigger with a future iPhone model. The company increased the screen size of its flagship handset from 3.5 inches to 4 inches with the launch of the iPhone 5 last September.
  Rumor: Apple planning 'iPhone 5S' and new 5-inch 'iPhone 6' for 2013