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Friday Apple Rumors: iPhone 5 Pushed Back to 2012?

Report indicates iPhone 5 is experiencing manufacturing problems


Apple RumorsHere are your Apple news items and rumors for Friday:

iPhone 5 in Production Trouble, iPhone 4S Gets Prepaid Plans: While The New York Times‘ Friday report on Apple‘s (NASDAQ:AAPL) next smartphone has little new information about the device — details include that it will be announced soon and that it might include a new chip made by Qualcomm (NASDAQ:QCOM) — a 9 to 5 Mac follow-up report has juicier rumors. First is word that the smaller, cheaper version of the iPhone 4 — thought to be called the iPhone 4S — will be available under prepaid data and calling plans. Will Verizon’s (NYSE:VZ) new unlimited plans support a smartphone after all? Time will tell. As for the next big upgrade, the iPhone 5 — that device might very well miss its widely rumored October release. 9 to 5 Mac‘s sources indicate that one of Apple’s multiple production partners (Pegatron, Foxconn, among others) is having trouble manufacturing the new device. “Design and production delays” might push the new iPhone back to 2012.

Analyst Tells Tim Cook How It’s Done: Tim Cook has been at the Apple wheel for only a few weeks now, and he’s already getting tips from backseat drivers. A Friday report at All Things Digital reprinted details from an open letter to Apple’s CEO written by MobileTrax analyst Gerry Purdy. Among suggestions for broadening the variety of iPhones and iPads available on shelves, Purdy suggested that Cook consider acquiring digital video recorder company TiVo (NASDAQ:TIVO) in an effort to expand its influence on the living room market. Considering the rumors that Apple will enter the HD television market in the near future, a purchase of TiVO seems counterproductive, to say the least.

7 out of 10 iPad Owners Love Video Games: Research firm Interpret’s new report “iPad Gamers: A Look At the Users of Gaming’s Shiny New Toy” has good news for investors that have put money into mobile game makers like Electronic Arts (NASDAQ:ERTS). Approximately 71% of iPad owners in the United States use the device to play games, opting to use Apple’s App Store as their leisure resource rather than game consoles like Nintendo‘s (PINK:NTDOY) Wii.

As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at @ajohnagnello and become a fan of InvestorPlace on Facebook.

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