Wednesday Apple Rumors — 4G iPhone 5 Coming in 2012

by Anthony John Agnello | October 5, 2011 1:02 pm

[1]Here are your Apple rumors and news items for Wednesday:

iPhone 5 Saved for 4G Networks: Apple (NASDAQ:AAPL[2]) shares stabilized before the market closed Tuesday, but the company’s failure to announce the iPhone 5 at its press conference rankled enough investors that the stock dropped by more than 4% in afternoon trading before rebounding. Forget the fact that the iPhone 4S is a marked upgrade over 2010’s model. The industry and consumers alike expected the iPhone 5. They’re still going to get the iPhone 5, though — in 2012, according to Forward Concepts analyst Will Strauss. Speaking with CNET in a Tuesday report, Struass said Apple is likely holding off on the iPhone 5 brand[3] until it releases a phone for Verizon (NYSE:VZ[4]) and AT&T‘s (NYSE:T[5]) 4G LTE networks. Apple has been wary of releasing an LTE-compatible iPhone to date; CEO Tim Cook said during Apple’s April earnings conference call that the “first generation of LTE chipsets force a lot of design compromises.” There have been hints that Apple is working on such a phone. China Mobile (NYSE:CHL[6]) suggested on Sept. 15 that Apple is preparing an LTE iPhone[7]. China Unicom (NYSE:CHU[8]), on the other hand, has hinted that the iPhone 5 will use the HSPA+ standard[9], the same one used in T-Mobile’s 4G network.

Samsung Swings at iPhone 4S: Samsung (PINK:SSNLF[10]) wants Apple to know that two can play at that game. The Korean technology manufacturer announced on Wednesday via its official blog that it has made preliminary injunction filings to have the iPhone 4S blocked from sale[11] around the world due to patent infringement. Starting with France and Italy, Samsung is looking to do to Apple’s new smartphone precisely what Apple has done to the Samsung Galaxy line of smartphones and tablets elsewhere. It promised to file new injunctions in other countries as well. These two really need to learn to play nice.

Recycling Gets You $200 for Your iPhone 4: Apple has started an aggressive iPhone recycling program, according to a Wednesday report at 9 to 5 Mac. The new Reuse and Recycle[12] program is taking older iPhones and giving out Apple gift cards in return. Depending on the condition of the old phone, Apple will give up to $200 — the same price as the 16GB model of the new iPhone 4S. Given that Apple has done good business with refurbished devices in the past, the new incentive program should prove profitable for the company.

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[13] and become a fan of InvestorPlace on Facebook[14].

Source URL: https://investorplace.com/2011/10/apple-rumors-4g-iphone-5-2012-iphone-4s-samsung/

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