iPhone 5: Your Cheat Sheet to Leaked Updates

iphone 5 case mockup
Bloomberg dug up some new details on the iPhone 5 (NASDAQ:AAPL), which it says is coming in September. Some of them are already out there:

  • The iPhone 5 will include a faster chip, the A5, that Apple is using with the iPad 2
  • The camera resolution will improve to 8 megapixels, from 5 megapixels
  • The iPhone 5 release was delayed until September to wait for the iOS 5 release. (This is the first time we have heard an explanation for this delay.)
  • Apple (NASDAQ:AAPL) is developing a cheaper “low-end” iPhone for developing countries that will be similar to today’s iPhone 4. This will help the company compete with the Android (NASDAQ:GOOG) onslaught.

The iPad 3, meanwhile, will likely have better screen resolution and a more responsive touchscreen.

IDC is projecting that Android will have more than twice the global market share as the iPhone by the end of the year: 40% for Android  (NASDAQ:GOOG) versus 18% for iPhone (NASDAQ:AAPL). This makes the cheaper iPhone even more important.

Henry Blodget is the Editor in Chief of Business Insider.