According to Jefferies & Co. analyst Peter Misek, the Apple iPhone 5 is unlikely to have LTE functionality. Misek also said that the iPhone device that is expected to launch in September should be called the iPhone 4S. And if his sources are correct, Apple will announced that the iPhone 4S will be available on Sprint, T-Mobile, and China Mobile.
The iPhone 4S is also expected to have minor cosmetic changes, a better camera, A5 dual-core processor, and HSPA+ support. However the Qualcomm LTE chipset Apple would have used “is currently not achieving yields sufficient for inclusion in the iPhone 5,” added Misek.