For the latest on the new iPhone 5's release date, check out our regularly updated article iPhone 5 release date.
Given the pattern of Apple's iPhone launches, we're expecting the next-gen iPhone 5 to debut in mid to late 2012. We reckon it's most likely to be shown off at Apple's Worldwide Developer Event (WWDC), which usually takes place in early June.
Rumours that we reported on 18 October claim an iPhone 5 release date of Summer 2012. Analyst Ashok Kumar claimed that the absent iPhone 5 was meant to be the big announcement at the recent event where the iPhone 4Swas launched.
iPhone 5 form factor
Unlike the iPhone 4S, it'll be a completely new design from what has gone before, so that means an entirely new casing as we saw with the iPhone 3Gand, later, the iPhone 4.
Interestingly, someone who claimed to have seen a larger-screened iPhone 5 prototype said in November 2011 that Steve Jobs canned the new handset and opted for the iPhone 4S because of the larger screen size of the new device. According to Business Insider, it was feared that a new size would create a two-tier iPhone ecosystem.
Beatweek also claimed in November 2011 that the 5-inch was scrapped "because Apple wouldn't be able to do it properly" this year. However, theDaily Mail (make of that what you will) then suggested that a four-inch version was likely and that Sony has already shipped top secret demo screens to Apple.
iPhone 5 specs
Based on the roadmap of mobile chip design specialist ARM (of which Apple is a licensee), we'll see a quad-core processor debut in the iPhone 5 - probably called the Apple A6. We know that we'll see other quad core handsets debut in 2012, so it's not too much of a stretch to say that the iPhone 5 will be the same.
iPhone 5 will have 4G/LTE support
With many 4G handsets already announced in the US, it can't be long before the iPhone supports 4G technologies - even if we won't even have a UK spectrum auction until 2012.