The colorful phone would be a new less expensive model that has facial recognition and an edge-to-edge screen, according to details from TF International Securities analyst Ming-Chi Kuo shared by 9to5Mac. While red isn't a new color for the iPhone, it usually comes a few months after the initial launch, so it's not clear if Apple will advertise it as a Product (RED) version or as just another color.
If the rumour is true, after years of pale handsets clad in various shades of gold, the upcoming iPhone lineup would be Apple's most colourful handset release since the iPhone 5C back in 2013.
According to the report, the forthcoming affordable 6.1-inch LCD iPhone will be available in grey, white, blue, red, and orange.
It's unclear if Apple will reveal all the colours at launch or if they push out new designs throughout the year.
The 6.1-inch, LCD budget iPhone X. Leaks which reportedly originated from the Federal Communications Commission suggest a gold version of the iPhone X has been in the pipeline for a while.
The device was listed on Geekbench as the "iPhone 11,2" and was tested using iOS 12.
Morgan Stanley analyst Katy Huberty stated a cheaper iPhone, which will feature an LCD screen, will sell for between $699 and $769.
For single core scores there is a 10 percent speed boost while the multi-core score sees a five percent jump.
Pictures published on the Chinese website Chongdiantou appear to show a USB-C charging plug capable of pumping 18 watts of power, which means it's a lot more powerful than the five-watt plug now shipped with iPhones.
Apple is expected to unveil the new iPhones in September.