The new Iphone 5 is announced

The next big Apple event that will invite a number of media is scheduled for 4 October. The event will run the new CEO Tim Cook, who month ago to replaced the legendary Steve Jobs reveals AllThingsD.

It is almost certain that the event will be presented fifth-generation iPhone handsets. And according to sources at AllThingsD, the phone will be in stores in only two after the week-presentation.

The report also alluded to an improved rear camera coming with the iPhone 5. Rumors have speculated that the camera will be an 8 megapixel module built by Sony, and may or may not feature an LED flash on the opposite side of the handset from the lens which is meant to reduce red-eye artifacts in photos. Kuo believes that the size of the rear camera lens and circuitry is one of the major reasons that the iPhone 5 will have a similar design to its predecessor, but with the rumor mill working furiously to try to determine what the iPhone 5 is all about, this could change.

Apple are ready to Deliver 30 Million iPhone 5 Handsets with an Upgraded Antenna + Minor Changes