Apple's (NASDAQ:AAPL) current success with its iPhone 6 and now 6s lineup hasn't slowed the company's ambition to have a slightly cheaper version of phone that entices consumers looking for a less expensive option. The iPhone 5c never became the hit Apple wanted it to be, but a slew of new rumors about a possible iPhone 6c have already surfaced. 

The 6c is rumored to keep the same 4-inch display size of the iPhone 5s, but with a processor upgrade, a near-field communication chip for Apple Pay, and even a possible early launch date. 

Most of the rumors come from KGI Securities analyst Ming-Chi Kuo and Piper Jaffray analyst Gene Munster, both of whom have solid track records on information about new Apple products.

Click on the slideshow below to find out more about Apple's possible iPhone 6c.