“The next-generation iPhone “was the last project that Steve Jobs was intimately involved with from concept to final design,” Crothers reports. “‘For that reason…this product will establish the high water mark for iPhone volumes,’ Ashok Kumar, an analyst at Rodman & Renshaw, wrote in a research note this week. He expects the iPhone 5 to be a ‘cult classic’ because of Jobs’ involvement.”
Crothers reports, “Another source, who I spoke with this week and who claims to have knowledge of the redesign, said the iPhone 5 is a ‘complete redesign. This is a very large project that Steve dedicated all of his time to. He was not that involved in the 4S because his time was limited.’ …The iPhone 5 should debut around the time of Apple’s Developer’s Conference in the summer of 2012, according to Kumar’s research note.”
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