Apple is all set to announce the flagship iPhone 5S and a low budget iPhone for the entry-level smartphone market in September. 5S is reportedly not going to bear any design change but a possibility of new color in addition to its black and white models cannot be denied. According to a report by Makotakara, the new color would be gold which will join its flagship iPhone of black and white color. Recent photo leaks by BGR also suggest the same. However, the site denies any such possibility claiming the golden color is of SIM card strays for 5S.  On the other hand, the site boasts about a camera upgrade with a dual LED flash, a faster processor and more RAM to the new Apple iPhone 5S. The report by Makotakara also states that the low-cost iPhone would be available in various colors chosen from the plenteous cases sold by the company for iPhone 4 and 4S. It further adds that the low-cost iPhone for $99 would be offered in black, white, blue, pink and orange in coming September after its release. However, the reports are not confirmed till the company does not make any official announcement of colors for 5S and low-cost iPhones as well.    

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