From the rumors flying around, it seemed likely that Apple's iPhone 6 would be released on Sept. 19, according to IB Times. Its likely competitor, the Xiaomi Mi 4 was launched on July 22. Now consumers are abuzz with the news since these two phone companies are competing on prices, features and specs.

But while the speculations on the final release date of the iPhone 6 are gaining momentum, the company is still mum on its actual date of release. According to GSMArena the specifications, price and features of the iPhone 6 that are available around the web are still not official because Apple has not yet released any confirmation. Even the Xiaomi Mi 4's specs are still preliminary.

The iPhone 6, just like its closest competitor, will have faster data speed with its 2G, 3G and 4G mobile networks. Dimensions of the iPhone 6 have been placed at 5.12 x 2.56 x 0.28 inches and rumors suggest it will weigh 113 grams. It will have a 3.5mm jack and a built-in speaker.

The new Apple phone will have 16 million colors and a resolution display of 960 x 1,704 pixels. Pixel density is at 416 ppi. It will have a capacitive multi-touch screen and LED-backlit IPS LCD. It will be water-resistant due to its shatter-proof sapphire crystal glass case with oleophobic coating.

For internal memory, the iPhone 6 will have 16, 32, 64 and 128 GB with 2 GB RAM. It will not support an external SD card slot. It will have an 8MP camera with dual-LED flash and autofocus and video at 1080p @ 60fps. The Li-Po ~ 1,850-mAh battery is built-in and cannot be removed.

Based on the reports that GSMArena has received, the iPhone 6 will have an Apple A8 chipset and will operate using iOS 8 with a dual-core 2-GHz CPU. Colors will be in gold, silver, white and space gray. According to rumors, the iPhone 6 will cost about $100 more than the iPhone 5.