Apple Sets Date for (Probable) iPhone Unveiling (Update 1)

This story has been updated with additional information about Apple's invite.

NEW YORK ( TheStreet) -- Apple ( AAPL) has sent out invitations to a major media event in San Francisco next week, which is expected to mark the launch of the next-generation iPhone.

The event takes place on Wednesday, Sept. 12, at the Yerba Buena Center for the Arts Theater in San Francisco. TheStreet, which will be in attendance, will be live-blogging all the speeches and product introductions.

True to form, Apple gave little away about the event on the company's invite, which declares "it's almost here" and the number "12" on a plain white background. Intriguingly, however, the 12 casts a shadow that resembles the number 5.

Rumors have swirled for months. Speculation, in particular, has focused on the potential features of a new iPhone 5, which could include 4G LTE capabilities and a larger screen than the existing model. There has also been chatter that Apple may unveil a smaller version of the iPad, dubbed an iPad Mini, around the time of its iPhone launch.

Apple shares rose 1% to $671.87 on Monday, outpacing the Nasdaq's 0.05% dip.

--Written by James Rogers in New York.

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