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Monday, May 23, 2011

iPhone 5 to be Released Next Month

Posted By on Mon, May 23, 2011 at 9:10 AM

click to enlarge Waiting for the next generation
  • Waiting for the next generation

On Friday, we gave iPhone users some grim news -- customers were being overcharged by as much as 300 percent for data they never used. But now we are here to deliver some good -- if not curious -- news: The iPhone 5 will be out in June!

At least that's the buzz among techies.

After Apple's CFO, Peter Oppenheimer, gave Apple's quarterly report, saying that the company expects operating expenses to be about

$2.5 billion, Andy Zaky of Seeking Alpha translated that to mean the next version of the iPhone will be released in June.

"Peter Oppenheimer might as well have just said, 'despite what you might

hear on Wall Street, we expect the iPhone 5 to be released in late June

or early July as planned,'" Zaky writes.

How he arrived at that conclusion is another story.

But according to Zaky:

For everyone living under a rock for the past month, the next generation iPhone's release date - whether it's called the iPhone 5, iPhone 4S or something else entirely - has been wrought with speculation and rumor. Most on Wall Street now expect the iPhone 5 to be delayed for at least three months from its customary release date in late June to some time in early September. Everyone from chip analysts to overseas component suppliers to Apple analysts to journalists who "know people that know people who are familiar with the situation" have all generally agreed that the iPhone 5 is delayed.

As NBC's Jason Middleton pointed out, If anything, at least Zacky has added to the rumor mill.

Follow us on Twitter at @SFWeekly and @TheSnitchSF

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About The Author

Erin Sherbert

Erin Sherbert

Erin Sherbert was the Online News Editor for SF Weekly from 2010 to 2015. She's a Texas native and has a closet full of cowboy boots to prove it.


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