Apple will reportedly release its next iPhone dubbed 'iPhone 5S' in June. The new smartphone will feature new touch-sensor technology, a choice of two screen sizes and will be available in a range of colors, according to rumors.

The rumors suggests that the iPhone 5S will feature a new form of touchscreen technology called 'touch on display,' which offers an improvement over the current iPhone 5's touch-sensing capabilities. In adddition, rumors say Apple will offer the new device in two different screen sizes and five different colors.

Topeka Capital Markets analyst Brian White wrote in an investment note published this week that his research has led him to claim that Apple is planning to offer a choice of screen size and color when the company launches the iPhone 5S, possibly in May or June 2013.