The processor choice is important because it will determine the number of tasks -- whether individually or simultaneously -- the phone is able to perform. My preference would be the quad core since it consumes less power and offers faster multitasking. This means longer battery life. And if Tim Cook adheres to the consumer feedback, the quad core will kill two birds with one stone.
The third item on the consumers' wish list was an improved mapping feature. Tim Cook has listened to that demand as well. For all of the complaints about how Apple doesn't make acquisitions, it has, in fact, acquired 23 companies over the past 16 months.
Several of these companies were purchased to improve/enhance Apple's maps app. These include BroadMap, HopStop, Locationary, WifiSlam and Embark -- all of which were picked off in 2013. Apple wants to offer users the ability to navigate their local areas with ease.
Although iOS 8 was recently updated with a public transit service, when combined, these acquisitions will offer the iPhone 6 the premium features that previous versions lacked. Equally important, it shows that Apple does listen to its customers.
The question will be the cost. And can Apple put the iPhone 6 at a price point that makes it both affordable for the consumer and still preserves Apple's margins. Apple has to make enough money for the device to make sense. And if Apple does release two different versions, will there be enough features other than size to steer consumers away from lower-priced phones from Samsung?
For now, the good news is, after having allowed competitors like Google and Samsung to grow Android to the top spot in mobile operating systems, Apple is back on the offensive. And the iPhone 6's "magnetic quality" won't take any prisoners.
At the time of publication, the author was long AAPL and did not hold any stock in the other companies mentioned.
This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.