Apple's iPhone 5: What to Expect
Investor sentiment is soaring for Apple, as well as its hit smartphone, with the tech giant selling over 37 million smartphones in its recent fiscal first quarter.
Channing Smith, portfolio manager at Capital Advisors Growth Fund believes Apple will continue to set the bar with a 4G-enabled iPhone, which he expects in the fall.
"We expect it to have Near Field Communications (NFC), a larger screen, and a better camera - we expect it will be done without conceding battery life," he said, over the phone. "Apple needs to continue to improve the competitive advantages it already has - the way Apple has built its ecosystem is brilliant. They've locked so many users into their ecosystem - I think that gives them an enormous advantage."
Intriguingly, Apple has been granted a patent for an iPhone made entirely of glass. This could be for the new iPhone, or a future version of the product.
It's not clear, though, what Apple will even call its new iPhone. The gadget maker has typically numbered its latest offerings, although ditched this nomenclature for the new iPad.
Nonetheless, here's a list of features that might be in the phone, which could be called the iPhone 5, and is expected to be released later this year.
What It Will Look Like
Apple's past two releases, the iPhone 4S and the new iPad were more evolutionary than revolutionary. This could be Apple's big opportunity to push the envelope in terms of innovation.