iPhone 5 Could Debut in Fourth Quarter, Verizon CFO Hints
Verizon's chief financial officer hints of a "big smartphone" release in the fourth quarter, what many assume to be Apple's new iPhone.The latest version of Apple's popular iPhone smartphone may be released in the fourth quarter of this year, Verizon chief financial officer Fran Shammo hinted during the company's quarterly conference call on Thursday. Shammo dropped the hint during the question and answer section of the call, referencing a big smartphone release the company expected in that time period. Rumors have been running rampant on the release of the new iPhone, colloquially referred to as the iPhone 5, with some pegging the release date as soon as August, but the wide majority of reports putting the release sometime in September or October. Several blogs recently reported that the new iPhone was already in production, and Taobao, China's largest e-commerce site, is already offering the device for sale as a preorder, complete with renderings of what the phone will look like, alongside technical specifications, according to a report last week from Reuters.
Whenever it actually debuts, the handset is likely to offer new features to face competitors like the Samsung Galaxy S III and other Google Android-based smartphones, such as Long-Term Evolution (LTE) and near-field communication (NFC) capabilities and a faster quad-core processor. The new iPhone is also expected to sport a larger 4-inch screen with a 16:9 aspect ratio and Apples high-definition Retina display, in comparison with the current 3.5-inch screen found on the iPhone 4S.