iPhone 5 Release Date: German Carrier Confirms September Arrival; Apple Stock Jumps to All-Time High With New Record
A German carrier recently confirmed the rumored September release of the iPhone 5.
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"In September, it's finally time for a new generation of smartphone to go on sale. Mobilcom-debitel allows you to find free e-mail about everything worth knowing about iPhone," the carrier said on its website, according to Tech Radar.
Tech Radar, however, said that the website's claim is only an assumption.
"While Mobilcom Debitel may claim to have all the juicy details, it seems the carrier is as much in the dark as anyone whose name isn't Tim Cook," Tech Radar wrote.
Recent reports say that the new iPhone 5 will debut at a special event on Sept. 12, 2012, and will release the next Friday on the 21st.
Now, pre-orders for the highly anticipated mobile device are being planned to begin the same day in the U.S., according to iMore.
iMore also reports that the second wave of iPhone launches, the ones in international markets, will begin in the first week of October, likely Oct. 5.
"The information on Apple pre-orders comes from sources that have provided iMore with accurate iPhone related launch dates in the past. The information on the international launches comes from sources that have provided our network, Mobile Nations, with accurate information in the past," iMore reported.
BGR also reported something similar, saying that the Apple's next generation iPhone will launch with AT&T during the third or fourth week of September.
"According to a trusted AT&T (T) source, the carrier is currently planning to launch Apple's (AAPL) next-generation iPhone during the third or fourth week of September, with an all-hands-on-deck policy in place for employees that will extend through to the middle of October. A second AT&T source confirms that a large training event for regional employees has been rescheduled from the first week of October due to a conflict with a 'huge announcement,'" reported BGR.
Recently, Apple became the most valuable public company in history because its stock rose to a new high because of the iPhone 5 reports.
"Apple's market value -- the price of its stock multiplied by the number of outstanding shares -- soared to $623.5 billion at the market's close. That eclipsed the previous record of $618.9 billion set by Microsoft on Dec. 30, 1999, at the height of the dot-com bubble, according to Howard Silverblatt, S&P's senior index analyst," CNN Money reported.
"Apple shares hit a new record of $665.15 per share. The anticipated September launch of the new iPhone, coupled with rumors of a smaller iPad and a more feature-rich Apple TV have lifted the stock in recent weeks."
"Shares closed at $648.11, up nearly 1.9%. They're up more than 22% since May, when iPhone 5 rumors began to swell," according to the Chicago Tribune.
Peter Misek, a managing director at Jefferies, raised his price target for Apple shares to $900 from $800 on Friday and said he expected the iPhone 5 to be "the biggest handset launch in history."
"In Apple's case, product launches have an inordinate impact," he said, according to the Chicago Tribune. "They have such a meticulous, product-focused extreme attention to detail that we haven't seen before in other companies."
Reports say that the new iPhone 5 will have a bigger display, be thinner and lighter than the iPhone 4S, and will be able to run on 4G LTE technology. It was also said that it will feature a 19-pin mini connector and it will be equipped with a new technology called in-cell. This new in-cell technology integrates touch sensors into the LCD, making it unnecessary to have a separate touch-screen layer. This creates a thinner screen and improves the quality of displayed images. It will also feature tiny SIM cards called nano-SIMS, along with i0S 6.