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Piper Jaffray: Apple iPhone 5 to feature completely redesigned body style, resemble iPad’s metallic rear panel

“Piper Jaffray analyst Gene Munster writes in a research note [yesterday] that he thinks Apple remains on target for an October launch for the iPhone 5 despite the reported 28 nm baseband radio chip shortage at Qualcomm,” Eric Savitz reports for Forbes. “Munster also provided some thoughts on what will be new in the iPhone 5.”

Savitz reports, “‘We believe the iPhone 5 will represent the biggest consumer electronics product launch of 2012 as well as the biggest device upgrade cycle in smartphone history,’ he writes. (No pressure, Tim Cook!) ‘We believe the iPhone 5 will have a completely redesigned body style, which may more closely resemble the metallic rear panel of the current iPad. We believe there is a 50% chance the new phone has a slightly larger 4+” screen. We believe larger screen size is one of the few areas in which Android devices have been able to compete. Beyond the redesigned body and screen, we believe the new phone will include 4G LTE, upgraded processor and memory, and a higher megapixel camera.'”

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