iPhone 5 rumors already percolating(Read article summary)
iPhone 5 – the next-generation Apple iPhone – may get NFC technology for credit card-like in-store payments.
Rumors, buzz, release, repeat. For the past few years, most Apple releases have followed that simple (and predictable) formula – rumors build (most of them correct); the buzz roars through the blogosphere; Apple finally launches the device in question, quashing all speculation; and then a new device looms on the horizon, which provides plenty of grist for the tech gossip mill.
The last couple cycles have been big ones: The iPhone 4, the Verizon iPhone, the iPad 2. And now, it looks like we're ready to start the cycle up all over again. According to a handful of new reports, the Apple iPhone 5 – which would presumably be released sometime this summer – is already in the works, and the next generation iPhone could be equipped by Apple with NFC technology.
NFC – the acronym stands for near field technology – allows users to "swipe" their smartphones, as they do with credit cards or subway passes. (The Nexus S smartphone is already equipped with NFC tech.) An example: You could use your smartphone to pay for groceries at the supermarket; the NFC unit in the phone would interface with a receiver at the store, and your bank account would be charged automatically.
"From what I hear, it is possible the iPhone 5 will include NFC. An entrepreneur who is working on a top-secret NFC product told me today that he believes the iPhone 5 will have NFC and cited a friend who works at Apple as a reliable source for the information," Woyke writes. "To further bolster his statement, the entrepreneur said that manufacturers of NFC readers – whom he has been talking to for his own product – also expect the iPhone 5 to have NFC."
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