There may be a third iPhone model next year with a better screen (AAPL)

A report from Japanese news siteNikkei(viaMacRumors)claims that Apple will unveil a third iPhone model with a 5.5-inch OLED (organic light emitting diode) display with curved side edges.It was first reported by Reuters back in January this year that Apple could adopt OLED displays for iPhones in 2018, but if this latest rumor is true, we could see this new OLED iPhone as soon as next year in 2017.The third iPhone model will apparently be released alongside the regular 4.7 and 5.5-inch iPhones with LCD displays.OLED displays are superior than the LCD technology currently found in iPhones. For one, OLED displays have much better contrast where darks are darker and brights are brighter, which helps make anything on the screen "pop."OLED displays also reproducedeeper colors than an LCD could.OLED displays can even be more power-efficient than LCD displays, as they can turn off specific parts of the screen for anything that's colored black. An LCD display, on the other hand, is always on, even when displaying the color black. Below is a comparison between the iPhone 6s Plus' LCD display against the OLED display on the Galaxy Note 5. Both phones have the same picture of the color black, but it's clear that the iPhone's LCD screen looks more gray than it does black. The same image on the Note 5's OLED display is clearly showing a much more accurate black color. In fact, the majority of the Note 5's screen is off because OLED displays actually turn off to display the color black.If you want an idea of what a smartphone with curved OLED displays, you can check out theSamsung Galaxy S7 Edge(below) and Note 7.SEE ALSO:The camera on the smaller iPhone 7 could be getting a feature that's traditionally reserved for Apple's largest iPhoneJoin the conversation about this storyNOW WATCH: The iPhone 7 is hitting stores on September 23 ' here's what you're getting
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