It's being speculated that Apple may be moving to a semi-annual release cycle for its products which would see the iPhone and iPad receive one major and one minor update each year.
Shipment volumes for existing iPhone models are expected to decrease ahead of a new iPhone expected later this year; however, total iPhone shipments are expected to reach 20-25 million in 3Q12.
Over the past 24-48 hours Apple has reportedly made large cuts to its orders with iPhone component suppliers leading to another big dip in the company's stock.
Apple has sent a notice demanding the takedown of the iPhone5mod website that was selling kits to convert your iPhone 4S into the rumored iPhone 5 design.
LG has released a new commercial that mimics Apple's ad for its panoramic photo feature but then one-ups the iPhone with full 360 degree panoramic capabilities.