iPhone 5 rumors are like opinions: everybody has one to share--except us. Instead of speculating what new handset hotness is being cooked up in Cupertino, we'd rather wait and bask in the glory of yet another amazing piece of Sir Jonathan Ive designed hardware once it is officially announced. That said, we're not above keeping you up privy to what everyone else is saying about this year's most anticipated handset.
Here's what everyone thinks they know.
It's Coming Out Later This Year
Like clockwork, Apple has released a new iteration of its smartphone once a year since it made its debut back in 2007. According to Slashgear, Foxconn has received their marching orders from Cupertino. As a result, the infamous manufacturer is currently in the process of hiring 20,000 new personnel in order to ensure that Apple's first shipments of the iPhone 5 are ready to go for the smartphone's launch later this year. If Apple stays true to form, we'll be able to get our hands on the new handset hotness in late October.
It's Got a New Dock Connector

The 30-pin dock connector that Apple's baked into its iOS lineup and iPod Classic hardware has become almost as iconic as the equipment it serves. However, if Computerworld has it right, Apple may soon be doing away with the long-serving standard in favor of micro-USB. It's a move that makes sense: As iOS is now capable of syncing wirelessly, there's less of a need for iPhone owners to shift gigabyte's worth of data over a physical connection. Additionally, micro-USB has a significantly smaller profile than a 30-pin dock connector. With space at such a premium inside the tight confines of a device like a smartphone, hardware engineers are always keen make their jobs easier by including smaller components in a design whenever possible.
It's Gonna Be Larger...er

Phablet! It's sounds dumb, but it's a thing, and an increasingly popular one at that. They're great for gaming, consuming content, and using apps. Too bad you'll look like a goof holding one up to your head in order to take a call. While Apple's never been one to follow trends, it appears as though the company is set to increase the size of the iPhone's screen. According to the Wall Street Journal, the iPhone 5 will ship sporting a 4-inch display, instead of the 3.5-inch screen that has been associated with the iconic handset since its launch five years ago. Is it possible? Sure: If you measure diagonally, a 4-inch screen could fit into the confines of the dimensions of an iPhone 4S.

The Wall Street Journal is not the only ones with theories about a bigger iPhone 5. The Japanese Apple mongers at Macotakara claim to have gotten their hands on the faceplate of Apple's newest handset. If what's seen in the pictures on their site holds water, the next iteration of the iphone will be longer, but not maintain the same width as past versions of the handset. Even the jailbreaking kings responsible for the Cydia Blog have an opinion on the matter: Their site has posted images of what could well be schematics for the iPhone 5. Are any of these sources correct? We'll have to wait until the phone is unveiled to find out.
It's Got a New Look

As every new version of the iPhone that doesn't sport an 'S' on the end of its name has come to us rocking a new aesthetic, this one's a given. According to Bloomberg, "three people with knowledge on the matter" have reported the iPhone 5 will be sporting a new look. Also, water is wet. One of mystery sources quoted by the news service stated that Steve Jobs had been involved in the design of the phone until shortly before his death last October. What will it look like? 9to5Mac thinks they might know: They have some purported spyshots of the handset's back plate that look slick enough to be legit.
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