Despite the lack of an official announcement, Apple's next iPhone, allegedly dubbed as the iPhone 8 has been floating around the rumor mill for a long time. It's no secret that the Cupertino-based tech titan is nowhere close to unveiling their next flagship smartphone; however, this hasn't quite put a lid on the rumor mill.

More details leaked online

The purported iPhone is said to boast a seemingly impossible Design. If rumors running rampant online are anything to go by, Apple will have a nearly bezel-less design but still manage to integrate not only the fingerprint sensor but also front facing cameras underneath the display.

While the former still seems conceivable, the latter didn't really seem to pan out, but that's likely to change.

The theory stems from a couple of separate leaks which fit perfectly together. The first comprise, a parts leak from Chinese microblogging website, Weibo, and the second is a comprehensive schematic shared via a tweet by the renowned leaker, Benjamin Geskin (@VenyaGeskin1). The tipster even shared the alleged iPhone 8 schematics on his Instagram account. Apparently, he got hold of this detail via Apple's supply chain, which has a reputation of leaking all sorts of information.

The aforesaid leaks suggest the new iPhone will indeed feature an almost bezel-less form factor, but the front camera/cameras will not be integrated underneath the display.

The coveted smartphone will have a cutout which will still leave room for the signal strength, time, date and a slew of other permanent information. There's hearsay that even Sharp will be adopting a similar design for it impending Aquos R Compact.

Is there a downside to this new design?

If the said cutout occupies a lot of space, the burning question on everyone's mind would be where will notifications appear?

The answer to this is a newfangled 'function area.' Apple will reportedly oust the home button in favor of a touch bar, identical to the one on the MacBook Pro. Equipped with contextual controls, this will make room for more detailed information. Moreover, it would be relatively easier to reach than reaching all the way to the top of the handset, particularly with Apple's new flagship smartphone expected to come with a mammoth 5.8-inch screen.

While nothing is set in stone yet, more concrete details about the iPhone 8 are likely to surface online sooner rather than later. Apple's chief executive Tim Cook is expected to take the stage in September and throw more light on the hotly anticipated smartphone.