These are momentous times at Apple. Just a couple of weeks after Steve Jobs stepped down, new CEO Tim Cook gets to launch a major product: the iPhone 5.
What can investors expect from the new iPhone launch, rumored to be imminent? Initial speculation tagged Sep. 7 as a potential launch date, although this now seems unlikely. Apple, however, typically debuts a major product in the late summer/early fall.
With Apple under increasing pressure from a deluge of Google Android devices, the stakes are high for the new iPhone, said Sandeep Aggarwal, an analyst at research firm Digital Route.