After more than a year launched the iPhone 4, today Apple reveal the next generation iPhone at its headquarters in Cupertino, California.
It is rumoured to look similar to the iPhone 4, but contain a more powerful processor. It is also thought the firm will introduce a secondary, cheaper version akin to the iPod Nano, designed to appeal to the Chinese market.
According to WSJ:
General expectations for what has widely and unofficially been dubbed the iPhone 5 are for a slimmer device with a larger touch screen, an improved camera and a relatively speedy chip of the same variety found in the current version of Apple's iPad tablet. There also has been some speculation about possible voice-command capability.
The price is expected to remain consistent with the $199 to $299 charged for an iPhone 4, depending on the amount of memory included.