iPhone 5 Release Date, Specs, News and Rumors Josh Smith07/05/2012 As July rolls in and summer heats up iPhone 5 rumors cool down a bit to make way for rumors of a smaller iPad Mini, but that doesn’t mean there are no new rumors to share. iPhone 5 rumors range from obvious to out there, and there’s a possibility that everything we know about the iPhone 5 is wrong, but the following roundup will try to make sense of the new iPhone 5 rumors.Advertisement The next generation iPhone is Apple’s sixth iPhone, but it has earned the iPhone 5 name from press and analysts. iPhone 5 Release Date We already have a pretty good idea about what to expect on the iPhone 5 release date, and what not to expect this fall. The latest rumors says that the iPhone 5 might launch as early as August or September, but we still feel that October 2012 is the most likely iPhone 5 release date.Advertisement Read: iPhone 5 Release Date – What to ExpectAdvertisement TechRadar reports that Apple is slowing iPhone 4S orders by as much as 25% this quarter to prepare for the iPhone 5 release date this fall. Apple typically reduces the number of current generation iPhones to be sold as the release of a new iPhone launches. While we expect that Apple will still sell the iPhone 4S as a $99 option, the new iPhone will take over the primary manufacturing priority. iPhone 5 Form Factor According to Foxconn CEO Terry Gou, the new iPhone 5 will put the Samsung Galaxy S III to shame. The Galaxy S III packs in a large high-resolution display, curvaceous design and tempting looks, but the man who runs the plants which manufacture the iPhone believes the new iPhone has what it takes to beat Samsung’s best. This lifelike iPhone 5 render shows what the iPhone 5 may look like.Advertisement The iPhone 5 will not likely feature a Liquidmetal case, but we may finally see the return of the metal back, adding to the overall durability of the iPhone and making it much easier to go without a case. Apple may finally release a bigger iPhone, opting for a taller iPhone 5 with a larger display. The iPhone 5 may look like the image shown above or the video below. At least one analyst with ties to the Apple Supply chain has called into question the authenticity of these leaks, suggesting that Apple may opt for a more radical change. The leaked iPhone 5 parts look much like the iPhone 4S with flat sides and uniform depth from top to bottom. Recently an iPhone case manufacturer leaked iPhone 5 case dimensions, and the possible dimensions for the iPhone 5. Many sources sell this information to the big name iPhone case manufacturers, but as we saw with the iPhone 4S, these leaks are not always reliable.Advertisement This leak shows the possible dimensions of the iPhone 5. If the leaked iPhone 5 parts are true to the iPhone 5 design Apple will lave curved backs and large screens to the Android camp for another year.Advertisement iPhone 5 Screen The largest iPhone 5 rumors is that there will be a larger 4-inch display. This larger display will offer a taller screen, but not a wider screen. Note the taller display on the iPhone 5 mock up on the left. The new larger iPhone 5 display reportedly offers 176 additional pixels at the top of the display, something Apple’s own website may have tipped. The larger display would offer more room to read and see information in portrait mode and a wide-screen aspect ratio similar to what’s found on HDTVs when the phone is turned on its side to watch TV or movies. Very few new rumors have leaked about the size of the iPhone 5 display. iPhone 5 Specs Apple is never big on specs when it talks about the iPhone or iPad, and it looks like we may see a similar theme with the iPhone 5. Leaks from 9to5Mac suggest that the iPhone 5 will have a slightly faster processor and a bump up to 1GB of RAM. The processor and RAM may seem small compared to Android smartphones packing quad-core processors and 2GB of RAM, but it’s all about the implementation. As we saw with the new iPad 3rd generation, Apple may not deliver state of the art upgrades throughout the spec list, but the key upgrades allow for noticeable differences like improved graphics. Read: 5 Reasons for a Smaller iPhone 5 Dock Connector The iPhone 5 will almost certainly ship with 4G LTE compatibility based on comments from chip maker Qualcom, leaks and logic. While Apple is known for waiting to implement new technology, AT&T and Verizon are ready for a 4G LTE iPhone, and so are customers. Are batteries and our data plans ready for a 4G LTE iPhone 5? The iphone 5 may have a smaller dock connector like the one shown above. Apple may also change to a smaller 19-pin dock for the iPhone 5. Techcrunch calls this change confirmed thanks to multiple sources in the Apple supply chain. The smaller dock connector would use a magnet system to snap the cable into place, allow for a smaller iPhone and additional waterproofing. The iPhone 5 may charge without wires. Other rumors suggest Apple will include inductive, or wireless charging as a standard feature of the iPhone 5. A new Apple patent shows a method of charging the iPhone with a dock that needs no wires to charge. Apple filed the patent in 2008, and this isn’t the first time we’ve heard about this feature, so we’re not holding our breath for wireless charging as a standard iPhone 5 spec. iPhone 5 Digital Wallet The latest leaks indicate the iPhone 5 will ship with support for NFC, a piece of technology that would integrate with the new iOS 6 Passbook app. The iPhone 5 may have digital wallet capabilities shown in this mock up. According to information unearthed by 9to5Mac, at least one iPhone 5 prototype has the NFC chips needed to turn the new iPhone into a digital wallet. The code reveals that the NFC chip attaches right to the Power Management Unit, which links up to the Qualcomm chip we expect in the iPhone 5. iPhone 5 Camera The iPhone 4S already delivers one of the best smartphone cameras, and according to recent leaks the company could prepare to up the game with the iPhone 5. We don’t expect anything in the PureView range, but the latest rumors suggest that Apple is planning an 8MP sensor for the iPhone 5. Apple routinely patents new ideas like this camera innovation for the iPhone 5. The iPhone 4S also uses an 8MP sensor, but it is likely that the 8MP camera sensor is smaller, allowing for a thinner iPhone 5. Apple received a patent for an iPhone that supports switching between multiple lenses, though this would be a big surprise for the next generation iPhone. iPhone 5 Price Apple will likely keep the base price of the iPhone 5 at $199 on a two-year contract and $649 without a contract. Unless Apple announces a larger capacity iPhone 5 with 128GB of storage the most expensive iPhone 5 will likely run $399 on contract. — Stay tuned for new iPhone 5 news and rumors.