Apple to launch long-awaited iPhone 5 in June

Speculations are firing up in the market that Apple would launch its long-awaited iPhone 5 in June. Earlier a report in January had hinted to a summer release but a new report almost confirms this.

Apple believes in being secretive about its latest product launches and their features - a marketing tactic which helps in keeping the buzz alive among tech enthusiasts.

Apple iPhone 5 is expected to be symmetrical in shape, with an aluminum rear panel reinforced by glossy plastic or rubberized bezel. There were earlier reports that suggested the next iPhone would sport a gigantic 4.6-inch screen, however recent reports say Apple is planning to stick to the current 3.5-inch screen size.

Since every new Apple device comes with an upgraded version of the company's mobile operating system, speculations are rife that an update to iOS 6.0 is possible by the time of the iPhone 5 release later this year.

iPhone 5 is highly rumored to feature an 8 megapixel or even 10 megapixel camera and the possibility of taking pictures in the panorama mode. Rumors also suggest that the iPhone 5 will have a 2 megapixel front-facing camera for video chatting.