The iPhone 5 is soon to be released. Mainstream media reported that the iPhone 5 announcement would come on Oct 4th at Apple’s own Cupertino, CA venue, all of the information has finally come true. TheLoop informed people of the event: “Apple on Tuesday officially announced its iPhone 5 launch event. According to the invitation received by The Loop, the event will be held on October 4 at Apple’s Cupertino, Calif. campus. The event will begin at 10:00 am PT.” People are about to pay big bucks for this iPhone 5, some will go broke to have it lol, smh. So put your money aside, because the iPhone 5 is on the way soon.