Latest rumors suggest Apple is very likely to release iPhone 5 in August, much earlier than what was predicted. Analysts believe Apple’s this move is based on the observation of the success of Samsung Galaxy S3.

According to a Taiwan news Agency, Apple is eager to release its latest handset to compete with the Galaxy S3, the bestselling smartphone so far this year. Samsung has expected the Galaxy S3 to be sold 10 million by the end of July. The flagship Android phone of the Korean electronics company has posted a big threat to Apple’s new iPhone.

Previously tons of rumors about iPhone 5 release date were piled online. But now the Taiwan Central News Agency reported the news, suggesting that the iPhone fans may not need to wait for long.

Apple is used to not rushing its products. And the company’s production is often nonreactive to its competitors’ actions. However this case as Samsung is speeding up the competition, Apple may actually push forward the streaming of iPhone 5 to win over the market share that has been taken by Samsung,

The iPhone 5 is expected to be the best smartphone ever with its fantastic specifications and features including a 4-inch display with higher resolution, a faster quad core processor.

Another update that cannot be neglected is the change in the dock connector. Instead of the usual 30-pin dock connector, iPhone 5 will come with a 19-pin mini connector, which will result in heavy effect on the hardware manufacturers.

The battle between Apple and Samsung continues severely in US mobile device market. Apple accused Samsung of infringing patents while producing its Nexus smartphone. The Korean company filed appeal to the U.S. Federal Court. However the Judge Lucy Koh yesterday rejected the appeal.