iPhone 7 is out on Wednesday ?

Wednesday is same - but different?

Wednesday is a big day in the tech world. Apple is holding its annual launch event where the new iPhone 7 is expected to be revealed.

The much-heralded device comes just as rival Samsung has recalled its flagship Note 7 over battery issues.

The tech rumour mill has been running at fever pitch about possible new iPhone features and gadgetry.

Many commentators expect Apple to have ditched the headphone jack, leaving only one port.

That would force consumers to use Bluetooth headphones or buy those compatible with Apple's Lightning port that is also used for charging.

However, old gear won't be completely obsolete, as Apple is expected to include an adapter jack.

Major innovations?

Recent updates of the iPhone have struggled to make a really big splash as they have lacked major innovations.

The new iphone 7 is likely to stick with two sizes of the iPhone 6

The speculation is it will be the same with the model due to be revealed on Wednesday in San Francisco. More of the same - just a little bit better.

Camera quality is expected to be improved and this time round the upgrade might mean a two-lens clicker for some of the bigger models.

A dual-lens camera can take pictures with two different exposures, then combine the two images for improved picture quality.

Analysis: Dave Lee, North America Technology correspondent

Another year, another iPhone. But then, it's hardly just been "another year" for Apple, has it?

Since last September, when we saw the iPhone 6S and 6S Plus, the tech giant's world has been turned upside down. A war over encryption, a declining iPhone, a continuing struggle in China and, most recently, the tax bill to end all tax bills.

Distractions, lots of them. And it doesn't look like the new iPhone is going to deflect much of that attention away.

While we're used to saying "evolution, not revolution" in the smartphone market, this upgrade is not expected to turn many heads nor send customers running to the phone shop to upgrade.

If, as we expect, the headphone jack is removed from the device, expect a lot of anger from those who don't want to be ushered into buying wireless headphones.

Then again, Apple faced the same kind of anger when it rolled out the smaller "lightning" charging port, but everyone's just about got over that. Take a look at the "old" Apple charger and tell me it doesn't look almost comically massive. In hindsight, the right call.

A better camera would go down extremely well - more photographs are taken with iPhones than any other device. But some reported leaks suggest only the larger, less popular iPhone size will get the new camera technology.

Looking a bit further ahead, some are speculating that Apple is holding back this time around, instead saving new features for 2017 and what will be the iPhone's 10th anniversary.

Other expected changes would be improved memory, turning the home button into a touch sensor and better speakers.

The new phone is also said to be water resistant, handling submersion for up to 30 minutes - a feature already offered by several of Apple's Android competitors from the likes of Samsung or Sony.

Apple is thought to be sticking with its two sizes, meaning there would be an iPhone 7 and an iPhone 7 Plus.

Neither is the design thought to be changing much, giving it the same overall look as the current models.

Rumour has it there will be more colours available, for instance reintroducing black as an option.