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Among the hundreds of (if not thousands) rumors there is one to say that iPhone 5 is now ready but Apple is unable to release it for they couldn't get the LTE chip they wanted yet. As soon as they get the chip they could start assembling the new iPhone. Without the LTE chip the new smart phone is not able to get its full potential. However, there are millions who buy the iPhone that is not equipped with the LTE chip. Both iPhone 4S and the antique iPhone 3GS do not have LTE chips.

With such a lot of rumors being there the experts expect the new iPhone 5 to be an entirely different phone. They believe it will be similar to the jump iPhone had from iPhone 3 to iPhone 4. Apple always made big changes with its updated versions of iPhone until the 4S which was very much similar to iPhone 4, arrived.

Rumors on iPhone 5 are many but they are always based on some foundation. There is one rumor about the name of the next iPhone. After the 4th generation of iPhone 4, Apple released the iPhone 4S which is the 5th generation iPhone. Therefore, there is no room to call the next iPhone with a digit 5 as the fifth generation phone is already in the market.

While Apple keeps the iPhone enthusiasts guessing for their iPhone 5 release date, most of those who are awaiting for the release of the phone think there will be improvements in the new phone to come in relation to the last release of iPhone 4S. The most important improvement they believe will be on the battery life. Though the iPhone 4S has 8 hours of talk time, most people believe that it will be improved. The present day 4S has Apple's A4 processor which is fast but users want a still faster A6 processor in order to achieve speedy browsing.

As year 2012 approaches, more and more iPhone rumors appear in both print and digital media. One that has appeared recently is about the screen size of the new iPhone 5 that is going to be released in 2012. Up to its latest released version of iPhone 4S iPhone never changed their screen size though other phone manufacturers opted for bigger screens.

Longer battery life is something any phone user will appreciate a lot. When your phone switches off due to battery going weak you go really helpless. Since every later edition of iPhone improved on battery life over the previous model, iPhone 5 also needs to improve over iPhone 4S on battery life.

Most of those who are waiting for Apple to release iPhone 5, think that it is the good sales of iPhone 4S that is delaying the unveiling of the new phone. There is evidence to support this argument. A recent statement from Apple has stated that 80% of their merchants are faced with inventory issues with the 4S.

Everyone was waiting for September to come in the hope of knowing the release date for the iPhone 5 but there was no iPhone shown leaving the iPhone enthusiasts in the dark. Now there is speculation about the new phone coming with Apple A5 dual core processor with 1GHtz CPU.

Though many expected the next generation iPhone with the new form factor which is called iPhone 5 to appear this year it didn't. Instead, the 4S made its appearance. Now iPhone enthusiasts expect the phone to appear next summer with a lot of new features on design shape and performance.

If you are one of those iPhone enthusiasts waiting for the release of iPhone 5, you may be taken by surprise to hear that your latest smart phone will be released only in 2013 and not in 2012 as most enthusiasts of the brand are expecting. This is the latest iPhone rumor.

Memory is going to be an important aspect for smart phones these days, especially with iPhone. With so much to store and so many software programs to run, it is a must to have good disk space. You get 16 and 32 GB versions in iPhone 4. It is believed that iPhone 5 will have 16GB, 32 GB and 64GB versions.

There are lots of rumors on the display of iPhone 5. The present iPhone display is manufactured using "gorilla glass" and LCD display. Though it is shatter resistant to a certain extent, the new iPhone is going to have a much more shatter resistant outer material in the display. This material is going to be almost shatter proof.

One thing that all iPhone models to have been unveiled so far lacks is the Near Field Communication. Samsung Galaxy S2 has it incorporated with its NFC chip. It allows data exchange, connection with a touch and simplified transactions. As these facilities are not there with iPhone, Apple has to consider incorporating it in their iPhone 5.

There are rumors that the new iPhone 5 will come with a bigger screen than the present iPhone 4 screen of 3.5 inches. Also it will come with a faster data transfer rate. It is said that the new smart Phone is going to have HSPA+ support. Phones with this standard could download at a speed of 21 Mbps instead of the 7.2 Mbps attained by those use HSDPA technology.

Rumors on iPhone 5 are also getting updated. One rumor has come from a tech website. According to that a prototype of the new iPhone has been lost from a Foxconn factory located in Shenzhen Futian District. It is said that the phone has ended up in a case maker's factory. That is why in China you have cases for a telephone that has not been manufactured yet.

The latest stories on the delay for the appearance of iPhone 5 blame Samsung for the delay. The reason is that two important parts for the iPhone have been manufactured by Samsung. Due to all the legal issues Apple had with Samsung they have found a new Taiwanese manufacturer for the manufacture of the two parts.

Among the many new features iPhone 5 is going to have, iCloud is also going to be one. This is a feature that allows the users of the new iPhone to connect and synchronize automatically to the cloud to store apps, music, files etc. to enable them to save the built in memory of the phone.

An anonymous source has revealed that iPhone 5 has been found in Apple inventory with a code name of N94. The product code named N94 was related to a product that had a dual core A5 processor and a chip that is earmarked to be there in the new iPhone.

Though Apple didn't announce any hint on the features of their new iPhone to arrive, there are various features that you could expect it to have. One of them is Apple's iOS5 which they have already perfected. You have ample evidence to believe iPhone 5 to be working on this platform.

Instead of releasing a version that is well upgraded called the iPhone 5 Apple released the iPhone 4S which was only a partial upgrade. Now they are preparing to release the full version. Everybody is speculating what features will be there in it. One of the topics that are being discussed is the storage capacity.