iPhone 5S Release Date: On June 20, Apple Will Unveil New iPhone

Apple will unveil its upcoming and anticipated iPhone 5S at a press event on June 20 — according to the Japanese MacFan magazine, via BGR.  

The iPhone 5S will feature a faster A7 processor, an upgraded camera and — possibly — a fingerprint chip under the Home button "for improved security." According to rumors, the size and shape will remain unchanged.The device will reportedly be released to the public a few weeks later, in July.

In addition, a "cheap iPhone," or a low-cost version of Apple's popular smart phone, for developing countries and regions such as China, India and Latin America, will also be launched this year — probably in August.

Apple would also preview, or even announce, an update for its iOS platform at the rumored June 20 event.