Apple iPhone 7 has two cameras, a faster processor and no headphone jack

SAN FRANCISCO — It’s reveal day at Apple as the company is expected to introduce the iPhone 7 to the world.

The next generation of the smartphone is rumored to have some cool new features while losing a couple of the old ones.

A major change is said to be the disappearance of an earbud jack. The move, some think, is a signal of the company’s new commitment to wireless communication.

Here’s what we expect from the announcement today:

When: The event is set for 10 a.m. local time in the Bill Graham Civic Auditorium in San Francisco. That's 1 p.m. ET.

What: While Apple has not said what will happen, plenty of other people have guessed. Citing "leaks" about what will be revealed, tech bloggers say look for the new iPhone to be presented, along with a possible look at a new Apple Watch. (For some rumors about  what the phone will do and new features for the watch, click here.)

How can I watch: You can tune into a live stream of the event on Apple's website.

When can I get the phone: The phone will likely hit retail stores on Sept.16 or 23.

How much does it cost: The price of the iPhone 7 is rumored to start at $649.

Live updates from the Apple event

Cox Media Group