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Apple's Next Phone Will Be The iPhone "4S," Says Analyst

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steve jobs
AP

Apple's next iPhone will be called the iPhone 4S, not the iPhone 5, according to "industry checks" by Jefferies analyst Peter Misek.

Misek put out a note on the next iPhone today, and said, it will "include minor cosmetic changes, better cameras, A5 dual-core processor, and HSPA+ support."

Apple wanted to add a chipset to support high speed 4G wireless networks, but the chipsets weren't going to be ready in time.

Because the 4G chips weren't ready, Apple is going with the minor update to the iPhone 4.

Misek also revealed the next version of the phone will work with Sprint, T-Mobile, and China Mobile.

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Jay was the executive editor of Business Insider. He oversaw day-to-day coverage on the site. He started as an intern at Business Insider in 2007. Before becoming executive editor he was running SAI, the technology section of the site.He has a degree from the University of Delaware in economics and a master's in journalism from NYU.