iPhone 5 Fever: Apple Confirms Special Event

It appears that the endless and exhausting speculation over the yet-to-be-announced debut of the iPhone 5 will be over soon.

Apple today invited the media to a special event” dubbed Lets talk iPhone” on Oct. 4 at its headquarters in Cupertino, Calif., Reuters reported.

In what will likely be an anticlimactic announcement after months of conjecture, Apple is expected to debut its next-generation iPhone at the event.

Such a debut would mark the first major product launch since Steve Jobs resigned as chief executive officer of a company he helped transform into one of the most innovative and envied tech giants in the world.

Beyond the iPhone 5, some analysts also expect Apple to unveil another version of the iPhone 4 targeted to address the prepaid and developing markets. The iPhone is one of the hottest-selling devices on the planet, but in the U.S. at least, it costs several hundred dollars to purchase without a subsidy from one of the two carriers – AT&T and Verizon Wireless - that currently offer the gadget.

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