Who Benefits From the iPhone? It's almost certain that the new iPhone will run on Long Term Evolution (LTE) high-speed networks from AT&T ( T) and Verizon ( VZ). The new iPad is LTE-capable, so many expect this trend to continue for the new iPhone. Apple blog 9to5Mac.com, for example, shows that the new version of Apple's mobile operating system has code for a potential LTE-enabled iPhone. Microprocessors from Qualcomm ( QCOM) have been in iPhones previously, and if the iPhone is indeed LTE-capable, Qualcomm may stand to benefit, despite mentioning a shortfall in its 28-nanometer (nm) chip line. Qualcomm chips feature predominantly in the previous versions of iPhones and iPads. Apple is transitioning toward the 28-nm chip, said Citigroup analyst Glen Yeung in a research note note after Qualcomm's report. "We attribute this shortfall predominantly to Apple, which is reducing demand for 45-nm baseband (MDM6610 in iPhone4S) in favor of 28-nm baseband (MDM9615 in iPhone5)," Yeung wrote. He reiterated his "buy" rating on Qualcomm shares and raised his price target to $74 from $73. Wedbush Securities analyst Scott Sutherland expects 4G to be a big selling point for the new iPhone. Verizon said in March it would only be selling 4G smartphones this year. "With speech being a big driver for the iPhone 4S, we can only imagine what 4G will do for the next iPhone," Sutherland wrote in a March research note. He rates Apple shares "outperform" with an $800 price target. Usage of LTE has shown battery life to decrease. Apple acknowledged that in its new iPad, when it said the battery would last nine hours on LTE, as opposed to 10 otherwise. Apple could improve the battery life in the new iPhone, as Capital Advisors' Smith suggests. The likelihood of the new iPhone having Retina Display is almost a near certainty, as its predecessors the iPhone 4 and iPhone 4S did. The number of pixels could increase, with as many as 400 pixels per inch. The iPhone 4S has 326 pixels per inch, according to Apple. There has also been increased talk that Apple may use Gorilla Glass 2 from Corning ( GLW) for the screen, something iLounge mentioned. Apple has listed Corning as a key supplier.