The iPhone 7 may offer a new, larger storage tier when it launches later this year, with a 256GB storage option said to be making its way to Apple's smartphones for the first time. While current iPhone models top out at 128GB, the latest report from research group TrendForce backs up previous reports that Apple would indeed double that to 256GB with its next phone.

Apple may offer a 256GB storage option for the iPhone 7

From TrendForce:

The 64GB version, which has been the most popular option in previous generations, may be discontinued and replaced by the 128GB version, though this decision has yet to be finalized. On the other hand, Apple is certain to raise the maximum storage option to 256GB so that iPhone 7 will have the highest NAND Flash density of the entire series.

TrendForce says that the falling prices of NAND flash storage has allowed Apple to make this change.

Additionally, TrendForce backs up a report from KGI's Ming-Chi Kuo saying that the 5.5-inch iPhone 7 Plus will sport 3GB of RAM, while the 4.7-inch model will still have the 2GB found in the current models.

The iPhone 7 and iPhone 7 Plus are expected to launch later this year. While they are said to take after the iPhone 6 and 6s from a design perspective, both phones are said to lack a 3.5mm headphone jack, while the iPhone 7 Plus will reportedly feature a dual-lens rear camera.