Reports suggest that the next Note device of Samsung will be called "Samsung Galaxy Note 7" as seen in a leaked logo. In the logo, the reported handset will feature an iris scanner with three various colors such as silver, black, and "blue coral," giving buyers more options.

Specification-Galaxy Note 7 is expected to be powered with a 4600 mAh battery and that sounds pretty huge.

The smartphone is expected to be powered with 6 GB of RAM and that also sounds too large but yes that’s what is expected from the company.

It would be feature a 4K display while we are not yet confirmed whether the smartphone would be getting 4K recording capabilities or not. Rear camera is expected to be of 20 MP and front is expected to be of 15 MP and that’s something great for the selfie lovers and for photography geeks.

It would be running on the latest Android version in 2016.

Price-Many carriers are moving away from contract prices with T-Mobile being the first and replacing them with lease pricing. On Verizon Edge, AT&T Next, and other installment options, the price should be around $35-$37/month with no money down.