The iPhone 5 release date is scheduled for September 21st. Despite the minor changes, this highly anticipated product is expected to do well in the Q4. New features of the iPhone 5 include the new iOS 6 includes updated Siri, rebuilt maps (Apple dropped Google and it's rumored that Youtube is dropped as well). The iOS 6 is integrated with Facebook. Also, a wider view retina screen, and a smaller universal serial bus.
The new thinner titanium body makes the more durable compared to the iPhone 4 and 4s glass body. Here's a video on the release, Legit or Trash? You decide.
iPhone 5 trailer video. <-------
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