This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

iPhone 5S Pics Swirl Around the Internet (Update 2)

Updated from 12:16 p.m. EST to add iPhone 5 clone details in the sixth paragraph.

NEW YORK ( TheStreet) -- It looks as if Apple (AAPL - Get Report) is gearing up production of the iPhone 5S, judging by pictures circulating around the Internet.

Chinese news Web site has 13 images of a handset that looks incredibly similar to the iPhone 5, which it believes is Apple's next-gen smartphone, the iPhone 5S. The images were reportedly taken inside a Foxconn factory, further adding credence to the story.

Foxconn is Apple's manufacturing partner in China.

While the images don't show any drastic changes to the outward appearance of the phone, they do provide a rather in-depth look at the insides of the iPhone, detailing chip placement and where certain circuit boards are placed. This type of in-depth look is usually provided when a repair Web site, such as iFixit, gets its hands on a newly released device. This, therefore, is a treat for Apple fans and the media alike if the pictures are real.

There's been much speculation about what Apple will do with its iPhone line, as there are concerns about demand for the device, despite the fact Apple sold 47.8 million iPhones in its first quarter. On a conference call, Goldman Sachs analyst Bill Shope asked about screen size, in light of the fact competitors such as Samsung are increasingly moving toward larger screens, perhaps stealing some of Apple's thunder. CEO Tim Cook responded by saying that "no one comes close to matching the level of quality as the Retina display." The iPhone 5 now has a 4-inch screen, and Apple will not compromise on the one-handed ease of use. "So, we put a lot of thinking into screen size and believe we've picked the right one," Cook said.

The release date of the iPhone 5S has been the subject of intense speculation. There are rumors that Apple could release a cheaper version of the iPhone, with Topeka Capital Markets analyst Brian White expecting the device to cost around $300 and launch as early as June. Apple could release the iPhone 5S along with the cheaper iPhone (assuming one exists), or keep the fall product launch, as it has done in the past.

Update: the images may be of an iPhone 5, and not a new device. The MacRumors Web site reports that the device in question is clearly not an iPhone for a number of reasons. The battery capacity is much smaller, it has an SD card slot, loose red and black wiring, and a connector that is strikingly different from Apple's Lightning connector.

Shares of Apple were higher in Monday trading, up 1.53% to $482.24.

Apple CEO Tim Cook will be speaking at the Goldman Sachs Technology and Internet Conference on Feb. 12, which TheStreet will be live-blogging from 10 AM ET:

--Written by Chris Ciaccia in New York

>Contact by Email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 -1.04%
FB $118.08 0.55%
GOOG $695.81 0.50%
TSLA $234.18 0.80%
YHOO $35.97 -0.11%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs