India, Dec. 16 -- Apple Inc. is planning to increase the number of iPhone models it offers as part of a major overhaul at the world's largest smartphone maker.

The Cupertino, California-based company plans to expand the iPhone line-up to seven by 2027 from five at present, The Information reported on Tuesday. HT.com has not independently verified the news.

The move comes even as Apple plans a major overhaul of the release schedule of its best-selling iPhones. According to Bloomberg:

This new schedule is intended to stabilise revenue throughout the year and reduce pressure on engineering and manufacturing teams.

The first foldable iPhone is projected to debut in 2026 and has been described as the "star" of next year's line-up, likened ...