Iphone, Iphone 5 | featured news

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.

Apple's next iPhone will be compatible with so-called LTE networks—including in the U.S., Europe and Asia—though it is unlikely to be available on every carrier.

Apple Inc. (AAPL) sent out invitations to a Sept. 12 product event in San Francisco, where the company is expected to unveil a redesigned iPhone. “It’s almost here,” Cupertino, California-based Apple said in the invitation, whose image includes a ‘5’ in shadow, possibly in reference to the new product’s name. At the event, set for 10 a.m. at Yerba Buena Center for the Arts, Apple will introduce a new iPhone with a larger screen and thinner body, two people with knowledge of the plans said in July.

More details about the presumably imminent release of the next iPhone have emerged, if the typically anonymous spate of Internet sources are to be believed.

Apple has reportedly given the okay to its retail stores to price-match iPhones sold by other, authorized sellers. Citing an unnamed source, MacRumors reported Thursday that Apple stores will price-match the iPhone 4 to as low as $49.99 and the iPhone 4S to as low as $149.99, posting a document that says customers can ask for savings of nearly $50.