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Consumer Electronics

iPhone 5 In October

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By Douglas A. McIntyre Published
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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.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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