iPhone 5 Rumors: GooPhone i5 Suing Apple Over Patent Infringement; (VIDEO OF GOOPHONE i5)

Due to the all of the rumors and leaked video footage of what appears to be Apple's iPhone 5, a Chinese company by the name of GooPhone has created an iPhone 5 clone they are calling the Goophone I5. The Company is even going as far as to try and sue Apple over a patent issue involving the company's upcoming smartphone.

According to a report by CNET, GooPhone may have taken out a patent on the design of a new smartphone they created which is based simply on the leaked images of the iPhone 5.

GooPhone released their Android-based smartphone just a day ago, and is attempting to put legal claims on the design.

The GooPhone is going to have the same specs as the nexus 7 tablet, quad core tegra 3 processor, 1gb of RAM, and an HD display. It will run android 4.0.

However, the iPhone 5 has yet to be released although some speculate that its release date may be on September 12th.

Just recently a federal court decision ruled that Samsung owes Apple more than $1 billion in restitution. Samsung plans to appeal the decision, saying it never attempted to steal anything from Apple's iPhone.

One commenter on Goophone's YouTube account wrote, "the clone wants to sue the original...THIS IS THE FUTURE!"

Although it is difficult to determine as to whether not GooPhone will actually be able to sue Apple over patent-infringement,

Goophone is the smartphone business of Shenzhen Shenma Lianzhong e-Commerce. The company was founded in 2011 and has more than 500 employees, according to its website. It also sells a clone of a Samsung Galaxy smartphone.

Unknowingly both companies could indirectly negatively affect the U.S. market for smartphones during the holiday season. This affect could trickle all the way down to business as they began to prepare for the rush of customers for the holiday season.

If the GooPhone is made accessible to the U.S.,(you can currently purchase the phone online) customers who cannot afford the iPhone 5 or those who are looking for an efficient alternative might seek the GooPhone over Samsung's Galaxy S3, Nokia Lumia 920 and Apple's iPhone 5.

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