iPhone 5 to be released on September 2012- Best Smartphone yet

Report says that iPhone 5 is set to be released on September 2012/

Apple is ready to release a new iPhone (he calls it the iPhone 5) in the September-October time frame, and Shope says,"the iPhone 5 launch is likely to be one of the most important smartphone product cycles we’ve seen to date."

According to businessinsider.com Everything is set up for Apple to have the biggest smartphone release of all time. It will be on more carriers than ever. It will probably release a phone that runs on LTE, the high-speed wireless network. It will probably get a hardware refresh making it look brand spanking new.

Meanwhile, earlier report says that Apple is coming off of a stellar October-December quarter. During the 14-week period, the Cupertino, California-based company posted a net profit of $13.06 billion on revenues of $46.33 billion, both of which were record figures. Apple sold 37.04 million iPhones during its 2011 holiday quarter, while iPad sales came in at 15.43 million and Mac sales stood at 5.2 million.