iPhone 5 to be released on August 7 says report

iPhone 5 / The New iPhone

iPhone 5 / The New iPhone

Reliable industry sources are reporting that the much awaited iPhone 5 will likely be launched on August 7 during Apple’s keynote speech.

Details are scarce regarding the iPhone 5 specifications, design or availability, and rumors have surfaced that it will sport a larger high resolution Retina display and also a next-generation CPU. Some have postulated that the design will differ quite a bit from the iPhone 4 and 3G S.

The new iPhone 5 will also be shipped with the latest and greatest version of Apple’s iOS operating system, iOS 6.

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