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Apple iPhone 5 Launch Expected October 7th, Preorder September 30th

As Apple's next gen iPhone release approaches, the suggested launch timetable has been getting more specific; with the latest report pinpointing an exact date, namely Friday, October 7th.

The new information comes from sources on 9to5Mac, who claim the iPhone 5 release date was in the balance between October 7th and 14th, but since preparations are going smoothly, Apple execs have decided on the earlier date. Apple has often gone for a Friday for major product launches in the past.

The launch date of October 7th, as the tech site points out, was first suggested by another website TiPB, though 9to5Mac has it from a different independent source.

The same source claims Apple's new iPhone will be available for preorder towards the end of September, though the preorder date isn't precise, Apple is debating between September 29th and Friday, September 30th, with the latter the more likely date of the two.

This means Apple should make an official announcement sometime in September.

The Cupertino-based company is likely to launch two models this autumn, it has been suggested: a cheaper, lower-end iPhone and the upgraded iPhone 5; the latter is expected to feature a dual core A5 processor, slimline design, an 8-megapixel camera and Apple's new iOS 5 operating system.