Iphone 5 | featured news

Samsung Electronics Co. said Thursday it anticipates accusing Apple Inc. of patent infringement over the iPhone 5, in a U.S. court case separate from the one that grabbed worldwide attention last month.

Even if you’re not planning to upgrade your iPhone to the iPhone 5, that doesn’t mean you have to sit out the smartphone refresh fun. Apple’s going to release the next version of its operating system, iOS 6, to the public Wednesday, which will come with an improved version of Siri, a new mapping app and calling features, such as the ability to set a “do not disturb” period.

Shares of Apple moved above $700 for the first time ever Tuesday morning, boosted by a strong reception for the latest version of its popular iPhone.

Demand for Apple Inc's new iPhone 5 has exceeded initial supply as the company booked 2 million orders in one day and pushed the delivery date for some preorders to next month.

The rush to be the first kid on the block with the latest iPhone is on. At midnight on Thursday, the new iPhone 5 became available for pre-order online though the Apple, Verizon, Sprint and AT&T sites. On Friday, major online outlets had already moved their estimated shipping dates back, indicating a large volume of orders or limited supply of iPhones ready to ship next Friday, September 21.

Delivery times have climbed quickly as Apple takes orders for the iPhone 5, suggesting strong demand. Apple began taking orders for the phone at 12 a.m. Pacific time. It initially promised delivery by next Friday, when the new phone also goes on sale in stores.

Apple on Wednesday revealed that the new iPhone 5 will be in stores in the U.S. and several other countries on Sept. 21.

A reporter from the Shanghai Evening Post says he worked undercover at Foxconn Tai Yuan factory for ten days... He depicts run down facilities, grueling hours, tedious jobs, and disgusting living quarters.

Apple.com might be giving away some of Tim Cook's announcements planned for Wednesday, according to multiple reports. Nine to 5 Mac is saying that you can see some of what Apple has planned for its announcement Wednesday if you use the search function on the company's website. Among the secrets being divulged is the name of the next iPhone, which seems like it will be called the iPhone 5.

The next generation iPhone 5, which Apple Inc. plans to release this week, could not only boost the tech giant's bottom line - but could give a significant boost to the overall U.S. economy.