Concord Securities analyst Ming-Chi Kuo released a note with details on what to expect in the forthcoming iPhone 5. Juicy features include Apple's A5 processor and a much-improved 8-megapixel rear camera.
"He has also been told that Apple will switch to a Qualcomm baseband for both GSM and CDMA models, along with an improved antenna design."
Echoing other rumors that production on the iPhone 5 has been pushed back, Kuo writes that trial production will begin in August, making a release date sometime in October or November likely.
"Kuo's report also presumes that Apple will unveil its fifth-generation iPhone at this year's Worldwide Developers Conference, scheduled for June 6 through 10 in San Francisco. However, other reports have indicated that Apple does not plan to introduce any new hardware at this year's event, choosing instead to focus on iOS 5 and Mac OS X 10.7 Lion software."
Kuo has a pretty good track record for rumors, accurately predicting several iPad 2 specs. Unmentioned in Kuo's report is the oft-rumored NFC capabilities, a feature that could turn the iPhone into an e-wallet. What's on your short list for iPhone 5 features? Let me know in the comments!