Apple Inc. is expected to unveil on Monday an upgraded version of 5s, the tech giant’s smallest current iPhone, the Wall Street Journal reported.
The new handset will feature an upgraded processor, improved camera and capability to use Apple Pay, the company’s mobile-payment service, the report said, citing people familiar with the matter.
The revamped gadget comes as Apple grapples with slowing growth in iPhone sales, which account for two-thirds of the firm’s revenue.
Apple introduced the new iPhone 6s models in September 2015, but hasn’t upgraded its smallest iPhone since 2013.
Now, the company wants to cater to consumers who prefer phones with smaller screens, as long as they can access the latest services and features.
Apple offers iPhones in three screen sizes: the 5.5-inch iPhone 6s Plus/iPhone 6 Plus, 4.7-inch iPhone 6s/6 and 4-inch iPhone 5s.
At the event, which will take place at the company’s headquarters in Cupertino, California, Apple is also expected to announce a refresh of its mainstay 9.7-inch iPad.
The tablet computer will likely include an improved processor, similar to the one Apple included in its larger 12.9-inch iPad Pro that made its debut in November, according to the report.
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