iPhone 5 could be pre-order now will Launch Oct 7

In addition to the possible October launch, Apple will reportedly begin taking pre-orders in the final days of September, backing up reports that Jobs & Co. will reveal the product during a press event next month. So far Apple is debating between launching the pre-order program on Thursday, September 29 or Friday, September 30 – sources close to the iPhone 5 launch point to the latter date.

As for the rumored iPhone 5, it will reportedly feature Apple's dual-core A5 processor, an 8MP camera, voice-navigation software, iOS 5, panorama photography capabilities, and possibly even a thinner form factor. Overall the product’s latest stages of pre-mass-production are reportedly moving along nicely for the moment. But as with any launch date report (hardware or software), this could change at any moment.

The latest iPhone 5 installment to reach our ears is that the high-anticipated fruity smartphone may launch on Friday, October 7, 2011. There's also a possibility that it may launch on October 14 as well, depending on product's position during the final production stages later on in September.

So far there isn't anything new about the iPhone 5's sidekick, the cheaper, possibly-prepaid model. Recent news indicated that this new iPhone 4 variant would be cloud-based in order to keep the storage requirements low, thus reducing its overall cost.

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