The wait is almost over as Apple's iPhone 5 event is set for TOMORROW in San Francisco. Industry experts are predicting that the highly anticipated device will be the highest selling smartphone ever rolled out.
The iPhone product has consistently been a top seller amongst its competitors since debuting in 2007. The five-year run of the device's success is considered unprecedented by many.
According to CNN, the director of communications research at HIS iSuppli, Jagdish Rebello, had spoken about the company's iPhone dominance.
"Logic would dictate that at some point in time another company would come along and take over the mantle of technology leadership."
Phones that have been built around Google's Android do collectively outsell the iPhone, but the market for the product is split up amongst many different models and manufacturers.
The Apple event will take place nearly a year after the iPhone 4S was on the stage. Several of the device's features have already been highly speculated and leaked.
Reuters reported that the new iPhone will possess a 4-inch screen, which is an increase from its previous 3.5-inch model that first debuted in 2007. Analysts said that the display increase is Apple's response to Samsung's larger and competitive Android phones, which have surpassed iPhones in smartphone sales.
Images of the iPhone 5 show a new 8-pin dock connector that would overtake the previous 30-pin iOS connector. The processor is slated to be upgraded, but there is no guarantee that the front and rear-facing cameras will be.
According to Mac Rumors, Apple may release up to eight brand new devices in 2012 alone and KGI Securities' Ming Chi Kuo predicted that the tech company will end up selling 45 million iPhones in the last quarter of the year. That would mean 8 million more than the same quarter in 2011.