Rumors are swirling today that the next model of Apple's iPhone will be an updated version of the iPhone 4, rather than a major revision of the smartphone. Jeffries analyst Peter Misek issued a research note on May 13th stating, "According to our industry checks, the device should be called iPhone 4S and include minor cosmetic changes, better cameras, A5 dual-core processor, and HSPA+ support." Misek also went on to say that he believes that Sprint, T-Mobile and China Mobile will be added as iPhone carriers. The A5 dual-core processor is the same one that's in the iPad 2. A dual-core processor is considered faster at running two programs at once than the single-core A4 processor in the iPhone 4.
The phone reportedly will not utilize long-term evolution (LTE) technology, which is frequently marketed as 4G coverage. With Apple's Worldwide Developers Conference beginning on June 6th, an official announcement is almost certainly not far away, as Apple has typically made iPhone related announcements from these conferences in recent years.
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Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...