With the success of the Moto X and especially Moto X 2nd generation with more than 20 customization option for the back cover, Motorola will soon release the 3rd generation.
Following the sources, the company is working on Moto X 3rd generation and here are first possible specifications of it. Features a 5.2-inch QHD display with 1,440 x 2,560 pixels resolution and use AMOLED display panel, the Moto X 3rd Gen could be used Qualcomm Snapdragon 808 chipset with 4GB RAM and two options for internal storage: 32GB and 64GB.
The device will have a 16-megapixel Clear Pixel rear camera with a 5-megapixel front camera and a 3,280 mAh battery.
Since all we know that in the testing progress, if anything goes wrong or any upgrade or downgrade seems to be necessary, then the phone may get an up or a down in the specs. So as of now what our source is claiming, the phone will have following specifications, and maybe final if the device performs well with the testers.