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The Apple (NASDAQ: AAPL) iPhone 5, which was supposed to be released in June, July, or August–depending on the rumor–will be out in October according to famous Apple watcher Piper Jaffray’s Gene Munster. He says signals from Qualcomm (NASDAQ: QCOM) which makes components for Apple, are the basis for most of his forecast which is really no better than a guess.
What Munster and other experts cannot say is how the iPhone 5 will be different from the ridiculously successful iPhone 4S. The 4S has the new Siri voice recognition system, a more powerful chip than previous models, and a higher resolution screen. Each of those features could be upgrade. However, the most likely leap forward for the iPhone 5 is that it will work on new super-fast 4G networks.
Several Apple competitors, most notably Samsung, already make smartphone fo 4G. AT&T (NYSE: T), Verizon (NYSE: VZ), and Sprint-Nextel (NYSE: S) have promoted these networks more than they have individual smartphones as they battle one another for market share. An iPhone 5 could accelerate the migration from 3G to 4G if the product is as popular as its predecessors.
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