Apple is close to announcing the iPhone 16, and the Apple event is reportedly scheduled for September 10 However, rumors are going haywire with leaked information about the iPhone 17 In fact, we are hearing that a new model called the iPhone 17 Slim may be on the way

With these iPhone 17 rumors looming, we wonder how smart it would be to buy an iPhone 16 or its variants Analyst Jeff Pu released a note to investors (obtained by 9to5Mac) that expressed optimism about the iPhone 17 and a less favorable outlook for the iPhone 16

In the memo, he called out several reasons why the iPhone 17 would be the more valuable upgrade He also cited “limited spec upgrades” as a reason why the iPhone 16 might not be the best upgrade

Pu said that the iPhone 17 will come in a refreshed design while the iPhone 16 will have a familiar look from the last few iPhone models He also cited the change to Dynamic Island on the iPhone 17 Pro Max (and possibly other models) He claimed that the Dynamic Island of the iPhone 17 Pro Max (and possibly other models) will be narrower, thus allowing for more screen area

The report also spoke of the much improved iPhone 17 camera All models could feature an upgraded front-facing camera with a 24MP sensor, a significant upgrade from the 12MP camera expected on the iPhone 16 iPhone 17 Pro models will have a 48MP periscope for even better optical zoom lens may be included

The last major spec upgrade the 17 Pro model could gain over the 16 is 12GB RAM This could improve multitasking and overall device performance

Of course, there is also the rumored iPhone 17 Slim model, which could be a game changer in the handset market It may only have one rear-facing camera, but it will be the thinnest iPhone ever In fact, our global editor-in-chief, Marc Spoonauer, is going to skip the iPhone 16 in favor of the iPhone 17 Slim

But that doesn't mean there won't be upgrades to the iPhone 16 model If you need a new iPhone, we're told that the iPhone 16 and 16 Plus will include Spatial Video recording, and the powerful new A18 chip should be available in all four models The iPhone 16 Pro and 16 Pro Max will also have larger displays, and the iPhone 16 Pro and Pro Max will have dedicated camera capture buttons