There are a number of details that have surfaced over the weeks and months as to what Apple will be packing into the iPhone 5, and more importantly, when it should hit shelves.

Some of these details are backed by industry checks, and have some reasoning, but some are complete non-sense.

Couple that with the viral-nature of the Internet, and a complete overload of Apple related coverage globally, it's hard to get a proper grounding on what consumers of what's fact and what's fiction.

IBT has wallowed through the clutter, took apart the supply chain, and picked the brains of a dozen analysts to compile the best guess as what would be likely in the iPhone 5.

[ALSO READ] Apple iPhone 5 rumored dual LED flash: Playing even with Android rivals?

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iOS 5
This is a safe bet since it was announced. IBTimes
Its head in the Clouds
The most important changes is expected the new "cloud"-based features, which represent "a significant step forward" for the operating system, according to Jefferies analysts Peter Misek. IBTimes
How about the hardware
Obviously the details here are a little more scant, given Apple's legendary tight ship. But looking at the supply chain and Apple manufacturing partners, plenty can be ascertained with a certain degree of accuracy. Apple
Charge it to my iPhone
Near Field Communication allows devices to communicate to other devices using short waves. Reuters
When is it coming
The next generation of Apple's smartphone is starting to hit factories, ramping up for a September release date. Reuters
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