
The most anticipated highly talked and debated in the Smartphone world iPhone 5 is expected to release sometime in August or October and Foxconn CEO’s comments on iPhone 5 is worth a wait “Consumers should wait for the iPhone 5 because it will put the Samsung Galaxy S III to shame.
Sellers on Taobao, a unit of Alibaba Group, are accepting orders for the iPhone 5, in some cases asking for a deposit of 1,000 yuan ($160) for the new phone. One seller, "Dahai99888", who started accepting pre-orders this week, is asking for full payment upfront, at a cool 6,999 yuan ($1,100).

So let’s wait and watch how best Apple can spin the wheel of iPhone 5.
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