20 Apr '12, 12am

iPhone 5 will be released in Oct, analyst predicts

SAN FRANCISCO - Apple's next iPhone is likely to be introduced in October and will feature a new body design and work with faster wireless networks, according to Mr Gene Munster, an analyst at Piper Jaffray Cos who had expected an August release for the top-selling smartphone. In a note last night, Mr Munster wrote that October is more probable after chipmaker Qualcomm announced it is having trouble meeting demand for components that the analyst expects to be included in a new iPhone. The supply constraints, along with Verizon Wireless reporting a drop in iPhone sales, contributed to a 3.4-per-cent decline in Apple shares today. The iPhone is Apple's top-selling product, accounting for 53 per cent of its sales in the quarter that ended last December. Apple has not discussed plans for the next version's release. Mr Munster, who has correctly predicted the release of previou...

Full article: http://www.todayonline.com/TechandDigital/EDC120420-00000...

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