Rumors of iPhone 5 have turned white hot and everybody's holding back their breath for Tuesday's Let's talk iPhone event at Apple's headquarters in Cupertino, Calif., where the next generation iPhone, dubbed iPhone 5, is supposed to reveal itself.

Although there is no indication of a 5 in Apple's invitation sent out to the media, rumors are flying thick and fast that Apple will unveil an iPhone 5, even as some Apple watchers are waiting for both iPhone 5 and iPhone 4S.

Android smartphones have been outselling Apple's iPhone all summer, and the much-anticipated iPhone is expected to reverse the trend.

Apple is, as usual, not telling what it's going to present. But if Apple wants the iPhone to regain the lead over Android smartphones, it must include certain features that will make iPhone a runaway success.

Here's top 10 features people want to see in Apple's latest toy. Start the slideshow to begin.

Larger Display
Larger Display REUTERS
4G
HSPA+ 4G Networks REUTERS
iPhone
iPhone REUTERS
iPhone 5 Top 10 Features We Want to See in Apples Latest iPhone
Reports claim that the iPhone 5 will be a Sprint exclusive at launch MACOKATARA
iPhone 5 may come with iOS 5
iOS 5 REUTERS
NFC Capability
NFC Capability gizmodo.com
iPhone 5 - will it feature an 8-megapixel camera
What camera will iPhone 5 have? REUTERS
A5 processor
A5 Processor and Higher RAM REUTERS
Vodafone Accidentally Confirms iPhone 4S not iPhone 5 at 4 October Media Event
Adding to the now mountain-sized rumour pile surrounding Apple's Tuesday iPhone-focused media event, Vodafone has once again leaked details pertaining to Apple's next iPhone. SlashGear
iPhone battery
Longer Battery Life REUTERS
Iphone Android Iphone Iphone