Every Single iPhone 5 Rumor You Need To Know About (AAPL)

Is it ever too early to start speculating on the next iPhone?

For Apple fans, probably not. 

We're now halfway through the iPhone 4S's lifecycle, so attention is turning more and more towards Apple's next big thing.

In fact, some predict that the next iPhone will be the biggest, most important smartphone launch of all time.

That's a lot of pressure.

Release date: 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.

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 rumors say the next iPhone could be 7.9 millimeters thick, which is about a millimeter thinner than the iPhone 4S.

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