Check Out All The Latest iPhone 5 rumours Right Here

artist render of iphone 5 white

It’s the question we get asked most often:

“When does the iPhone 5 come out?”

The answer is this September or October, most likely. 

But beyond the phone’s release, what else do we know about? We gathered all the most important reports and rumours about the iPhone 5 for you here.

Release date: September or October 2012 (Likely)

Apple started a new iPhone release cycle with last year's fall launch of the iPhone 4S. Now, many expect the next iPhone to follow suit and launch in either September or October.

Apple may add a chip so you can make payments with your iPhone (Maybe)

Apple is reportedly considering adding a Near Field Communications (NFC) chip to the next iPhone, according to 9to5 Mac. The chip would make it possible to make payments with your phone, just like you can on Android devices that use Google Wallet.

NFC would also make it possible for you to share music, video, contacts, photos, etc. with other iPhones just by tapping them together.

It will connect to super fast 4G LTE networks (Almost definitely)

All signs point to the next iPhone being a 4G LTE phone. LTE is the latest and greatest wireless technology that lets you download data at speeds that often rival your home's broadband connection.

AT&T and Verizon are currently the only carriers that offer LTE. Sprint will have LTE in several cities by the time the new iPhone launches this fall.

It will be thinner than the iPhone 4S (Likely)

After two years with the same iPhone design, everyone is expecting the next model to look and feel completely different.

The latest rumours say the next iPhone could be 7.9 millimeters thick, which is about a millimetre thinner than the iPhone 4S.

It'll have a larger 4-inch screen, but the body will remain the same size (Maybe)

There have been a recent string of reports claiming Apple is planning to make the next iPhone with a 4-inch screen. First, The Wall Street Journal reported Apple ordered larger screens for the device. Then 9to5Mac said Apple was testing an iPhone that has a taller, 4-inch screen.

The latter report seems to be the most common theory at the moment. The next iPhone's body will have the same footprint as the current model, but the screen ratio will change to 16:9. The mockup photo here gives you a good ideal what that'll look like.

The body will be made from 'Liquid Metal' (Doubtful)

According to some reports from Asia, Apple will use a an alloy called Liquidmetal to make the next iPhone's body, replacing the heavy duty glass used now.

We recently spoke to Atakan Peker, one of Liquidmetal's inventors. He said if Apple uses Liquidmetal, it'll have to be for a 'breakthrough' device. But for now, Apple will likely only use the alloy for small parts in its devices.

Will T-Mobile finally get the iPhone? (Doubtful)

T-Mobile can't have the iPhone right now because its network isn't compatible with the device. While you can use an unlocked iPhone on T-Mobile, you won't be able to get 3G data speeds.

But T-Mobile is taking matters into its own hands, altering its network so unlocked iPhones can access 3G speeds. That's good news if you want to buy the next iPhone unlocked at full price and run it on T-Mobile.

However, since the next iPhone is supposed to be compatible with advanced LTE networks, you'll still be out of luck if you want to remain a T-Mobile customer. T-Mobile's network won't have LTE until 2013, which means it'll likely miss the next iPhone launch this fall. If T-Mobile has any hope of getting the next iPhone, it probably won't happen until next year at the very earliest.

It will have the same processor as the new iPad (Likely)

Apple's trend for iOS devices seems to be to introduce the fastest hardware and processor in the iPad, then adopt it in the iPhone later in the year. We saw it with the iPad 2/iPhone 4S, and we'll likely see it again with the next iPhone.

Reports say Apple is already testing the new iPhone's guts. It has the same A5X processor found in the new iPad. It's also said to have 1 GB of RAM. Those specs mean you'll get some incredible performance out of the next iPhone.

On the other hand, it may have a faster processor than the iPad (Doubtful)

A recent DigiTimes report says that the next iPhone may have a new processor called the A6, which would be faster than the one in the iPad. However, this doesn't seem quite as likely as Apple tends to introduce its new processors in the iPad first.

It'll be made with a 'sleek' unibody casing (Maybe)

After making a trip to Asia to visit electronics suppliers, analyst Brian White of Topeka Capital Markets said the next iPhone will have a 'sleek' look thanks to a new unibody casing.

While we're almost positive the next iPhone will have a new look, we're not sure this is enough evidence to prove it'll have a unibody design.

A better way to find apps (Likely)

Apple recently acquired Chomp, a company that made it easy to find new apps for your iPhone or iPad. That likely means Apple is planning a big update to the App store.

Following the With tens of thousands of apps in the App Store, it can be tough to find the right one for you. The Chomp team could fix that.

iTunes will be completely redesigned (Likely)

In addition to an App Store refresh, Bloomberg reports Apple is working on a major redesign for iTunes. The refresh will make it easier to sync your music, movies, and TV shows with iTunes with the help of iCloud.

The new iTunes will also make it easier to share songs with friends, similar to the way you share stuff on Spotify.

The dock connector will be smaller (Maybe)

Since the iPhone is expected to have a thinner design, Apple may shrink the size of its standard 30-pin dock connector in the new phone too.

Unfortunately, that'll mean you'll probably have to buy all new chargers and accessories if you upgrade from the iPhone 4 or 4S.

A new, more responsive touchscreen (Maybe)

If the next iPhone is going to be thinner, Apple will have to alter its touchscreen technology to fit. According to Jeffries analyst Peter Misek, Apple will use a new screen in the next iPhone that is much more responsive.

Will there be a super cheap iPhone Nano? (Doubtful)

It's the rumour that just won't die.

Every year we hear that Apple is working on a smaller, cheaper version of the iPhone. And every year the rumour is completely wrong.

Recent reports from Asia say Apple is working on a cheaper iPhone model to battle all those budget Android phones out there.

However, it's much more likely that Apple will stick with tradition and offer the iPhone 4 and 4S at a discount after the next iPhone launches.

The iPhone 3GS may stick around as a pre-paid phone (Doubtful)

Here's another rumour we hear every year: Apple may introduce a cheaper, pre-paid iPhone.

The latest report says the iPhone 3GS will stick around for yet another year, but be sold primarily as a pre-paid phone overseas.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.