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Back On? Apples iPhone 5 Release Likely This Summer

After it was announced that Apple would likely not announce the iPhone 5 at its Worldwide Developers Conference in June, many speculated that the update might come out around the same time as the traditional iPod update September. But multiple reports followed that threw cold water on that idea, saying production wouldnt begin until at least September, meaning an October release or perhaps a delay until Q1 2012 might be in the offing. Now comes news probably the most reliable yet that the iPhone 5 is on schedule for a September release after all.

There are several details about the device in a new report that cites three sources with inside knowledge of Apples supply chain, according to Reuters. It confirms earlier reports that very few changes will be visible on the exterior of the phone, but inside there will be a faster processor. Several Asia-based components suppliers named in the report refused comment.

Despite Apples preeminent place in the smartphone space, delaying the iPhone 5 until 2012 could have been costly. The Android operating system now sports a significant lead in market share, and you can compare the technology world to dog years these days, where one month feels more like seven. More Android smartphone offerings seem to be available every day, and with only one device to offer, Apple wont want to fall too far behind.

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