In a new report out today, KGI’s Mingchi Kuo updated his previous predictions for the iPhone 5S due for announcement on September 10th. Notably, he expects:

We’ve heard the Sapphire fingerprint reading home button previously from Kuo and the A7 is the natural successor to the A6 and will likely be a 64-bit processor. The 1GB RAM seems in line with previous predictions but that 1GB of RAM will be faster according to Kuo:

However, the Gold option is something that has been only heard of in more sketchy rumors until now. Additionally, we discussed the 128GB option in our roundtable quite a bit yesterday. The iPad got a 128GB option this spring and the option on the iPhone would be a big differentiator for power users.

We’ve also heard the upgrade on the camera would include an F2.0 aperture with dual flashes but have heard a variety of megapixel options including 12 and 13. As with previous ‘S’ models, this one would be able to take dramatically better pictures, especially in low light situations.

Kuo doesn’t believe that there will be NFC capabilities in the iPhone 5S.

All told, Kuo expects Apple to sell 35M iPhone 5S units in 2013 (not including previous models and the lower cost iPhone 5C) as long as sapphire fingerprint reader manufacturers can keep up with demand.

Kuo’s record on parts predictions is good (timing notwithstanding) and these predictions should be taken seriously.

Mockups via MartinHajek.com, more here.