Apple has invited analysts and media to attend a function at its offices in early October and the rumour is that the iPhone 5 is about to be released. This is a major media topic, because we are talking about one of the biggest companies in the world releasing the next version of its best selling and most profitable product. 

Apparently the iPhone 5 is going to have an 8 Mb camera and the processor will be considerably faster.  There is a lot of speculation that it will allow mobile payments by swiping your phone across terminals and if the iPhone 5 does not do that, then it is expected that the iPhone 6 will do that, largely because Apple has hired a lot of staff, from different companies, that have experience and expertise in different payment options.  What is good to see is that whereas for example, the first version of the iPad took about a year to arrive in South Africa, the next version came a lot quicker and we do seem to be getting the latest products, certainly when it comes to Apple, a lot faster than previously.