The antenna bands on the back of the previous models have been made more discreet; they now hug the edges of the device. This repositioning has allowed Apple to squeeze in larger camera bumps on the back. They're now "water-resistant," and have stereo speakers. And although they haven't said so yet, there's no headphone port to be seen.
As hinted at by the larger bumps, the cameras for both models are new. The iPhone 7 Plus -- which is sporting that rumored "piano black" look in the render -- has a dual-camera setup that we'll learn more about soon. The iPhone 7 has a 12-megapixel "low-light loving" camera with optical image stabilization.
The new phones will be available on September 16th, with pre-orders set to open today.