iPhone 5 Rumor Guide: Why You Shouldn't Buy an iPhone Right Now

Aug. 1, 2012 — -- As a technology journalist, I get a lot of questions from family, friends, colleagues, and even total strangers during the year about tech purchases. They're always interesting, but around this time of year one or two questions loudly and powerfully drown out all the others:

"Should I get the current iPhone or should I wait for the new one?"

"When is the next iPhone [or iPhone 5] coming out?"

I've been asked some variation of that question more times than I can count. Even my colleague's 81-year-old mother asked me when the iPhone 5 is coming out. (We don't even know if Apple will call it the iPhone 5.)

WATCH: A Video Guide to the iPhone 5 Rumors

Yes, people of all ages are waiting on Apple's new iPhone or asking if they should wait. In fact, Apple only sold 26 million phones last quarter, down from the 35.1 million they sold the quarter before, because of the speculation around its next phone.

And it makes sense that people are waiting. History has shown that Apple releases a new phone every year. It was on Oct. 4 of last year that the iPhone 4S was announced.

My answer to those who ask if they should wait is a resounding yes. Why? The long-winded answer to that one is below in a rumor round-up.

Design, Screen

The design of the iPhone hasn't changed in the last two years, but that's expected to change with the next phone. Photos have leaked from Asia showing a phone with a two-toned aesthetic. Recent photos showed a grayish version, but there is also a photo of a white version. The phone appeared to have a slightly larger footprint than current models, since it has a longer screen.

Numerous news outlets (The Wall Street Journal, 9to5Mac, iLounge, etc.) have reported that the next iPhone will have a 4- or 3.95-inch screen, as opposed to the 3.5-inch screen that has been a constant on all generations of the iPhone. From the photos, the screen makes the phone taller, though not much wider.

There's also more info out there about the screen: It will apparently use the second generation of Corning's tough Gorilla Glass, which is thinner but still just as durable. Also, The Wall Street Journal has reported that Apple has engineered a liquid crystal display with the touch screen built right into it (called in-cell technology). Currently the touch screen is a layer on top of the LCD.

New Dock Connector

The dock connector -- another major iPhone constant -- is expected to change. The dock connector or charging port on the phone is rumored to be smaller than the one on the iPhone 4S. This has been reported by a number of sources and the leaked images show a smaller port (Reuters reported that the 30-pin port would be replaced by a 19-pin connector). Additionally, the leaked photos show that the headphone jack will be relocated to the bottom of the phone.

Apple recently changed the charging port on its new MacBook Pro with Retina Display and sells adaptors so you can use old charging cables with the laptop. It's likely that Apple will do the same for the next iPhone.

Faster Internals

The next iPhone will be faster. Some sources suggest that the phone will have an A5 processor, the same one in the new iPad. The new chip brings faster processing power and higher-end graphics. This really seems like a no-brainer, considering every iPhone has been faster than its predecessor.

Rumors of an LTE/4G iPhone have persisted for a long time, but it looks like this will finally be the year. Many believe it will use the next generation of Qualcomm chips; the head of Qualcomm told analysts in April that demand far exceeded what they expected for its upcoming chip.

There's one outlier in terms of internal parts: NFC (near-field communication). NFC, which enables tap-to-share or tap-to-pay functionality, has been rumored to be included in the next iPhone by 9to5Mac and the China Times. The technology would assist with mobile payments, another area Apple has been rumored to be jumping into with its new Passbook app.

Other reports, though, including one from The Independent, say that the technology was scrapped. Some have said it could have been cut because of shortened battery life.

As for battery life, there aren't any concrete rumors on the size of the battery. While all these new performance parts would use more juice, it's not likely that Apple would release a phone with less battery life than the current iPhone 4S.

Software

Apple has confirmed a lot more about the software for the next iPhone than about the hardware. (Apple declined to comment on any of the future iPhone rumors.)

The next version of the iPhone will run iOS 6, which Apple demoed in June at its WWDC conference. The new iPhone and iPad operating system has a lot of new features, including Apple's own maps app (no more Google Maps), Facebook integration, and a new Passbook app, which collects all your passes, tickets and coupons in one app.

Apple has said iOS 6 would be out in the fall.

Release Date

Which brings us to timing. The fall lasts three months, so Apple has from Sept. 22 to Dec. 21 to release its new software and phone.

But rumors now point to the new iPhone and iOS 6 coming in what is technically the summer season. Reports from the New York Times, iMore, and AllThingD all point to Apple holding an event on Sept. 12 to launch the new iPhone. iMore goes a bit farther than the others and says it will be out in stores 12 days later, on Sept. 21.

Yes, You Should Wait

"Should I get an Android phone or wait for the iPhone 5?"

That's the last question I get a lot right now. We've established that if you're in the market for an iPhone right now, you should wait. A read of the rumors above should show that it's a no-brainer.

And I also suggest waiting even if you are in the market for any smartphone. The best Android phones of the year have already been released -- the Galaxy S III and the HTC Ones are the top choices -- and they are faster than the current iPhone 4S. However, the next iPhone will level the playing field. If you've waited this long, you should continue, so that you can choose between the best smartphones on the market.

Ultimately, iPhone 5 question seekers, I don't know the exact date when the next iPhone will be released. I don't know the exact name of the phone. But I do know Apple's prepping to release a new phone this fall, and from the rumors it looks like it will be worth the wait.