BIGGER SCREEN
It is very likely that the iPhone 5 will have larger screen compared to the iPhone 4, it is rumored that it might be 4 inches.
BETTER CAMERA
The iPhone 4 is equipped with 5MP digital camera, the iphone 5 could include 8MP or more
BETTER RESOLUTION
The iPhone 5 could have better resolution.
IPHONE 5 WITHOUT HOME BUTTON
iPhone 5 might not have a “home button”. Touch sensitive controls could replace it or maybe the button might be transferred to the sides.
SAME DESIGN
It is highly likely that the up coming iPhone 5 will look much like the iPhone 4
NEW DESIGN
iPhone 5 could have a new design, thinner and rounder edges with a metallic backside.
WHITE MODELS
It is very highly likely that iPhone 5 will be available in white.
PHYSICAL KEYBOARD
It was rumored that there are 3 prototypes for the iPhone 5 including one with a keyboard but it is very unlikely that iPhone 5 will have a physical keyboard.
64 GB MODELS
A 64 GB iPhone 5 model could be available.
FULL HD VIDEO RECORDING
The iPhone 5 could record full HD 1080p videos good for FaceTime.
CHEAPER IPHONE 5
Apple could consider a cheaper iPhone model so many people could enjoy the benefits of the iPhone 5.
NO MORE STORAGE
The future iPhone 5 would not include internal memory storage whether for a lost cost iPhone 5 or a standard version.
3D DISPLAY
Apple could consider iPhone 5 having a 3D display.
BETTER BATTERY
iPhone 5 may have a better battery compared to the previous one.
CDMA MODEL
As it is already the case for the CDMA iPhone 4, an iPhone 5 model equipped with CDMA chip is highly possible.
R-UIM MICROCARDS COMPABILITY
A CDMA model compatible with microSIM UICC R-IUM is possible.
TWO SIM CARD TRAY
There was a rumor that two Sim card tray could be available for iPhone 5 but it is highly unlikely.
NFC TECHNOLOGY
It is highly likely that iPhone 5 will include the NFC technology, which will make you able to shop using just your iPhone.
MORE RAM
The iPhone 4 currently has 512Mb RAM, iPhone might have 1GB RAM.
A5 PROCESSOR
The iPad 2 has A5 processor so why not the iPhone 5, it is very likely that iPhone 5 will have A5 processor.
HDMI OUTPUT
Just like the iPad 2, the iPhone 5 dock connector could be used, thanks to an adaptor, as a HDMI output with a 1080p support.
4G/LTE SUPPORT
iPhone 5 could be compatible with 4G/LTE networks.
ENHANCED VOICE CONTROLS
Voice controls could be enhanced and maybe more added.
ITUNES CLOUD
The significant increase of Apple network infrastructure could show that the brand is on the verge of launching a better iTunes cloud or MobileMe.
IOS 5 LAUNCH
Apple could use the iPhone 5 presentation to launch the iOS 5, which would be available on the same day.
JUNE-JULY
The iPhone 5 could be launched between June and July.
SEPTEMBER
It is more likely that iPhone 5 will be launched in September.
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