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Apple may be planning an iPhone 7 release in early September, tech watcher says

Regis Duvignau | Reuters

Cue the lines at the Apple Store—the world could be just months away from the newest iPhone.

Evan Blass, a prominent Apple watcher with an accurate track record of predicting the tech giant's releases, posted a tweet early Saturday saying the latest iPhone iteration would be released the week of September 12. Thus far, Apple has given no overt indication that it's planning an event.

Recently, rumors surfaced that Apple was planning to push out three different iPhone 7s—with leaked photos depicting a larger screen and bigger storage capacity. At least one of those phones is said to be a professional version, Apple Insider reported this week.

Yet Blass, a reporter for VentureBeat whose cultivated a reputation as an Apple tipster, dismissed the idea that the smartphone maker would create a "Pro" version of the device. However, he added that Apple was likely to put out at least two new versions of its signature smartphone.

Analysts had been expecting a September iPhone launch, but say the timing is key. An early September launch could give Apple's quarterly revenue a large boost.

"In terms of outlook, we think there is downside risk to current September quarter revenue estimates but we also believe that it is largely expected at this point," Mizuho Securities said in a recent research note. Apple's iPhone sales have taken a hit from a dip in Chinese demand, it said.

"We note that it is hard to estimate September shipments as it is highly dependent on the timing of the iPhone 7 launch," the firm said, adding that a new smartphone would create "upside" for the company's performance, depending on the launch date.

Apple, which usually doesn't respond to speculation about impending releases, did not immediately respond to a request for comment from CNBC.

--CNBC's Harriet Taylor contributed to this article.