According to a Fudzilla report, "Apple's upcoming iPhone 5 could be the company's biggest coup to date." As iPhone 5 rumors gather steam, analysts estimate that the next-gen smartphone could sell more than 250 million units, and iPhone 5 profits alone are expected to generate nearly $47 billion in net income for Apple.

Rumors surrounding the impending launch have indicated a Sept. 12 debut, followed by a Sept. 21 release.

"A trusted Verizon employee has just confirmed to TechCrunch that the carrier is having an all-staff vacation blackout from the dates of Friday, September 21 to September 30," TechCrunch reported on Aug. 21. The report suggests that the iPhone 5 will be available in stores from Sept. 21.

Additionally, it appears that the allegedly 4G LTE-enabled iPhone 5 will be the first to support UK's first 4G network, which is rumored for a Sept. 11 rollout. According to CultofMac "Multiple sources have suggested to Pocket-lint that the new iPhone 5 will launch with support for the U.K.'s first 1800MHz 4G network, which will begin its rollout a day before Apple is expected to announce the device on September 12."

With the holiday season nearing, the eagerly-awaited iPhone 5 will probably make it to the list of "must have" gifts.