iPhone 5 unveiled, analysts expect 10 to 12 million phones to be sold in September alone

Reuters correspondent Poornima Gupta and Noel Randewich (via GMA News Online) report that Apple Inc will unveil the iPhone 5 on Friday, September 14 "with a bigger screen and 4G wireless technology, as the company seeks to safeguard its edge over rivals like Samsung Electronics Co Ltd and Google Inc." The report pointed out: "The iPhone 5 sports a 4-inch ’retina’ display, can surf a high-speed 4G LTE wireless network, and is 20 percent lighter than the previous iPhone 4S."

The report also added: "Analysts have forecast sales of 10 million to 12 million of the new iPhones in this month alone."

For more on this story, read the Reuters article posted on GMA News Online.