Redesigned, Revamped "iPhone 5" Just Weeks away from Launch

Apple is "just weeks away" from announcing a fifth-generation iPhone that will be fairly different from the iPhone 4, both on the inside and outside, according to a new report.. The iPhone 5 is rumored to be out in time for the busy holiday season this year

"We’re just weeks away from the announcement of the new Apple iPhone 5, according to an Apple employee who asked not to be named because he was not allowed to speak publicly for the company," Nick Bilton wrote in a report for The New York Times.

Recently the iphone 5 ,case designs which recently surfaced online "seemed potentially authentic." According to sources close of Apple . The designs, which were quickly taken down, depicted a next-generation iPhone with curved sides, a flat back, and a mute switch moved to the right side of the handset.

According to an Apple engineer "familiar with the new iPhone," the company's next handset will be "fairly different" from the previous generation. The source also confirmed the widely-held belief that the device will sport an 8-megapixel camera and the faster A5 processor currently found in the iPad 2.

Here are some of the " Speculations floating around the web on the " iPhone 5" launch and its features

• Ships with iOS 5

Apple always makes a improvement to their operating system every year for their newest iPhone and iPad. Probability: 100%

• Ships with faster processor 

Currently the iPad 2 has a 1GHz A5 dual core processor and since the Android phones already have dual core processors, it's a safe bet that the next iPhone will have a dual core processor. 

• Better battery life 

The battery life from the iPhone 3GS to the iPhone 4 improved 40% and it will probably improve from the iPhone 4 to iPhone 5  If Apple includes LTE 4G capability (which is unlikely due to the power requirement) the battery would have to go through a vast improvement to handle the increase of power use over a typical day. Probability: 97%

• AT&T, Verizon, Sprint versions available on day one

When the Verizon iPhone was released, it was found that it contained both a Verizon CDMA chip and AT&T GSM chip so Apple can now produce one phone for both networks. Since the Verizon phone broke through the AT&T iPhone monopoly, can a Sprint-enabled phone be far behind? Probability: 95%

• Bigger Screen

Whispers circulating around the web point to a bigger screen but Apple needs to find a perfect balance to increase the screen without sacrificing battery life. Probability: 65%

Since the start of the iOS App Store July 10, 2008, the total apps that have been approved is 577,614 while the apps available in the store is closing in on half a million at 454,195. If you break it down into apps for specific devices, the total iPhone Apps is 405,388, iPad Apps is 125,010, and in the Mac App Store there are 6,568 apps available. With numbers like that, there's definitely an app for everyone.