Will Apple's rumoured budget iPhone actually be called the iPhone 5C and launch on 6 September?

The iPhone 5S vs iPhone 6 vs iPhone mini naming debate has been reignited, after an image surfaced apparently revealing that Apple's rumoured low-cost handset will be dubbed the iPhone 5C.

Spotted by the eagle-eyed fanboys at French geek blog NWE, the curveball of a photo originates from China's WeiPhone forums and shows a bunch of iPhone boxes bearing the 5C moniker.

The mobile world has been abuzz for a while now with speculation that Apple is set to produce a budget iPhone to complement its more premium smartphone offering - 20 September has been mooted as one potential launch date by some pundits.

Others think that Apple's next major product unveiling will be a little bit earlier, with German Apple fan site iFun recently citing a "credible and serious source" as revealing 6 September as the day in question.

Rumours point to the new budget iPhone featuring a plastic build and modest specifications, as well as coming available in a range of colourful designs.

The release of a more affordable iPhone is thought to be part of Apple's strategy to strengthen its position in emerging markets amidst increased competition from smaller firms.

Recent reports show that both Apple and Samsung are losing smartphone market share to upstarts like ZTE and Huawei.

As far as the alleged image leak itself, there isn't really much that can be said other than the naming convention isn't that outrageous - 'C' presumably standing for iPhone 'colour' as opposed to 'cheap.'

We expect to know more in the coming weeks and months; in the meantime, catch up on more of the latest gossip by heading to our recent Apple iPhone and iPad rumour roundup.