The new Apple iPhone 5 codename N94 is apparently going to be manufactured Q3, 2011 and will feature Qualcomm CDMA/GSM baseband and an 8-Megapixel Camera.

The GSM and CDMA format already works in the Verizon iPhone and it will be coming worldwide to the new iPhone 5 once released, the 8-megapixel CMOS sensor will be from OmniVision and apparently according to 9To5Mac the backup sensor will be by Sony next year.

FBR Capital Markets have a few predictions and the above is included, the new iPhone 5 has not yet had any official announcements and will not for a while yet. Apple has always been very good at keeping us in the dark and predictions, speculations and rumours is all we have at the moment.

Most of the time what we have reported has been right via sources and we are hoping that the above features are also right, the iPhone may possibly boast the dual-core A5 processor that is internally developed by Apple and the new chip may be able to play back 1080p graphics.

There may be some news about a low cost Apple iPhone next week and we will keep a close eye on this one, please join us on Facebook or Twitter for instant updates.

Source — PC World