iPhone 5 Release October 4th: Venue Details Given?

We know that many of you are holding out for Apple’s new iPhone 5 with its release and in the last few days, the news has been stronger than ever. With massive competition from others such as Samsung, Motorola and HTC, along with court battles against Samsung over patents, Apple will be able to breathe a sigh of relief when the handset eventually drops.

Although not officially confirmed, the news is still circling around the date of October 4th, which will be the time of Apple’s media event hosted by CEO Tim Cook. Without wanting to miss any of the action, main man Steve Jobs will no doubt make an appearance throughout the event, in the same way that he did with the iPad 2. As well as the date of what is expected to be the iPhone 5 event, rumor is indicating that the venue will be that of Apple’s own Cupertino campus.

According to Slashgear via AllThingsD, the venue will be somewhat different this year with the fifth generation’s exposure. Past events for other iPhone launches have either been held at the Yerba Buena Center for the Arts or venues held in San Francisco. Reasons are unclear as to why Apple cannot use the usual Yerba Buena Center, but a strong possibility is pointing to the venue already being booked, or rather that the massive tech company need a venue where if they need to, they can change the date. In the past two or so weeks, there has been doubt as to the iPhone 5 actually surfacing due to production problems, leading people to believe that the cheaper iPhone 4S may be the smartphone to come out of the event.

Another reason to the change in venue as slashgear quite rightly pointed out, is that new CEO Tim Cook may feel a little uneasy in the Yerba Buena Center’s surroundings, hence why Apple have decided to hold the iPhone 5 event on home ground.

As well as news of the media event itself, we wanted to refresh your memory with other articles we posted the weekend. The first being of carrier Verizon who are retailing their iPhone 4 model for a lower price of $120 on a two-year contract, this will apply to a select few customers. Also, just yesterday we brought you news that social networking site Twitter will be holding two events in London and New York to announce the integration of iOS 5, click here for more details.

Tell us whether you are holding out for the iPhone 5? Realistically what would you be willing to pay for it?