Apple – iPhone 5

So the question is, when the iPhone 5 can be seen? Now Wall Street analysts said the iPhone 5 is not likely before 2012 revealed.

For the uninitiated, Apple has clearly missed what would be the normal release date for the iPhone 5. That should be in June. Instead of revealing five iPhone at the Worldwide Developers Conference in June, Apple gives sneak peek into the software upgradations likely next iPhone when it launches IOS 5.

Apple said IOS 5 will be ready for launch in the Fall. Therefore, the focus then shifted to the September launch of the new device. While Apple's theories mushroomed during the delay in launching a new version of the iPhone and the advantages it gives to the Android camp.

Keith Bachman of BMO Capital Markets said the iPhone 5 will be launched in mid-2012, Deutsche Bank analyst Chris Whitmore with predicting hurricane kick that Apple will launch a cheaper iPhone 4S in September.

The whole lot of theories about how the iPhone is cheaper to get into the global strategy to lead Apple and search the global smartphone market appears after this report.

But RBC Capital analyst Mike Abramsky said he thought the "baby" iPhone, low-cost version for emerging markets will not be launched until 2012.

"We continue to expect Apple to launch a smaller, pre-paid iPhone - but more likely in 2012, both to avoid the iPhone 5 cannibalization, and the design can utilize very iCloud service for convenience and affordability," he wrote in a note to clients.