Apple's next-generation iPhone popularly being referred to as iPhone 5 is launching on August 7, claims a blog on Know Your Mobile website. The website makes this claim citing "a reliable industry source" who, it says, has stated that the Cupertino-based tech giant will launch the device during a keynote speech.
Earlier, the same website had reported that the launch date of iPhone 5 has been pushed ahead to August in order to compete better against Samsung Galaxy S III.
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