It’s time for a massive rundown of Apple’s next big gigantic release, all of what’s being called most often the iPhone 5. This device has many rumors and insider tips on details surrounding it, all of this coming together to create a lovely picture of a late 2011 or early 2012 release of the next generation of one of the most popular smartphones on earth. Let’s begin with a possible late October release and some fresh ink on a Chinese iPhone LTE deal. Note before we continue on that we’ve got to mention the other iPhone that’ll very possibly be coming out: the iPhone 4S. This phone, if you ask me, will be given away for free, while other sources say it’ll be coming out first and free while the iPhone 5 is pushed back to a later date.