iPhone 5 might debut next Wednesday

Apple Inc. has sent out invitations for a product launch in San Francisco for next Wednesday naming it "it's almost here".

There are speculations if the company is going to unveil their next generation iPhone since its debut was expected a year ago, when the company rolled out the iPhone 4S model, its current best seller.

Apple didn't provide more specifics but scheduled the event for the Yerba Buena Center to start at 10 a.m. PDT. The International Business Times informed that Apple shares rose $9.73 to close at $674.97 in Tuesday trading.

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