The iPhone 5 is not new to speculations and rumor trailing its launch, and while many of these rumors have traveled far and near, many people including business organizations have been led to take important steps and actions based on what many times have turned out to be rumors. In fact, many people have lost some big money based on these rumors, and these stories range from seemingly sound business information to silly news sometimes.

What then are some of the iPhone 5 rumors that have spread like wildfire throughout private homes and in business and government circles? This article is going to examine some of these iPhone 5 rumors and how it has impacted on the people and on business organizations here and there. It should be noted that some of these rumors have even been carried by authentic media online and offline and these have helped fueled the situation across board. Let us now see some of these rumors that have been peddled by people and media sources around on the iPhone 5.

The Business Insider has stated it was in contact with a source says it has credible information on the new iPhone 5 prototype and its design with the attendant features. According to Business Insider, the source is an industry source and it has often been about news and information on Apple products right from the inside. This media confesses that though it has not been able to verify the accuracy of this iPhone 5 prototypes and features information, it states that readers should treat the news with some pinch of salt. The Apple “source” states that the Apple corporation wanted to launch the iPhone 5 sooner before jettisoning the plan in favor of the iPhone 4S which was launched to replace the iPhone 5. According to this source who claims to be an insider into Apple’s inner circles, the iPhone 5 is going to have the following features:

It is going to have aluminum back and the screen is going to be 4 inches in size. It is going to have a “flatter” form factor and it promises to be very fast when operated, but with the demerit of suffering from a poor and short battery life. The rear camera is said to have a 10-megapixel capacity with a high-resolution capacity and it would give the best in terms of pictures and videos. It should be noted that while the iPhone 5 according to the specs given by the unidentified source failed to leave the drawing table, many business ventures have gone ahead to produce covers for the mobile phone based on the foregoing rumor.

There is a similar rumor related to the iPhone 5 that states that the front part of the phone will be redesigned in plastic and the back part will be covered by an aluminum plate to ostensibly protect the antenna part. Pop Herald and BGR have also made predictions on the shape the iPhone 5 is going to take some definite shape and launch around a given time, but it has turned out that it happened to be the time the iPhone 4S came into the market.