Excitement increases as Apple adds the final touches to a press event on October 4th. The press event will cover information on iOS 5 and iPhone 5 (or more technically iPhone 4S). This will be the moment when many individuals will be able to officially mark off their list of features they hope to find in the new device. Now that we are hours before the event, as with all things Apple, things details are scarce. However, we can safely say that it doesn’t hurt to weigh the more likely features that will be included in the new generation iPhone.

Release Date

There is a lot of confusion on the October 4th date. There are some individuals that are overly excited about this date because they think this is when the iPhone 5 will become available. That is not the case; Apple rarely releases a product on the date it is announced. However, it is a safe assumption that October is the month that you’ll get your hands on one. One reason we find it harder to pinpoint a release date is because the normal release month is June, however this was pushed over due to the Verizon iPhone release. If Apple keeps the same routine, we can expect a release on the second or third Friday of October.

Design and Look

Apple is like an extra picky Goldilocks. There never seems to be a form factor that Apple can stick with. From trying out new designs to fixing customer grievances, Apple seems to never stick with a design past two generations. From a metal backing with the iPhone original, individuals felt a plastic backing will help with heat issues. Then users liked the plastic for a couple of generations but felt it was cheap and unattractive. That’s how we have the full glass design of the iPhone 4.

Several mockups show that Apple may keep this design for another generation. While others say that Apple will tweak it a little with more tapered edges instead of a flat backing. This could be a possibility, sort of a mix of the 3G/3GS more rounded back and the iPhone original’s flat backing. In addition, a very possible change is a larger screen. However, the possibility of making no changes at all is still on the table.

Features

A feature that we can never escape from is the upgrade of the processor to an A5 dual-core processor that is found in the iPad 2. In addition, there are the rumors of more RAM and the less likely possibility of a 64 GB option. I feel that is a little much for the moment and I don’t feel Apple will stress over such a large storage capacity at the moment. We also hear of an 8-megapixel camera to be included in the iPhone 5. That, again, is a nice dream, but I feel that Apple will/should focus more on the frontal camera’s quality first.

More on iOS 5…

Let’s not forget about the iOS 5 upgrade. It’s a surprise on how much attention is not placed on the software, the only promised release of the press event on the 4th. Beta versions are nearing their end, with the formal software expected to be released sometime next week or so. However, there is some speculation that a secret feature will be included in iOS 5 called Assistant. This feature is essentially the Dragon Dictation app officially implemented of iOS devices.

I, and many of us at Teens In Tech, am quite excited about the press event on Tuesday. As with all Apple events, I will be tweeting about all the updates I hear from fellow bloggers at the event. Next week, we will have a roundup of all the event updates, comparing what we predicted to what actually happened. So, get your lawn chairs and tents ready for some camping out at your local Apple Store, it’s iPhone season again!