: Don't be shocked if the iPhone 5 offers more storage or more battery life. The former becomes less necessary with the advent of iTunes in the Cloud. The latter becomes less likely if the iPhone 5's boosted processors require more juice to function--in which case, expect Apple to squeeze out just about the same battery life from a better or bigger battery. But bumping either or both would make sense if it can be done.

I'd love to see (or hear) a louder built-in speaker, but there's only so much room for Apple to work with. Along the same lines, I'd love if the iPhone's microphone could capture audio a bit more cleanly--and maybe it will, if the system-wide voice navigation bears out.

There's no chance that the iPhone 5 will sport a dedicated camera button--especially since iOS 5 is going to let you use the Volume Up button for that purpose--but it's nice to dream. And while we're on the camera, don't hold your breath for a fancier, brighter, non-LED flash.

You also have zero chance of seeing any output port on the iPhone 5 that you can't already see on the iPhone 4--no HDMI, no mini- or micro-USB. But I suspect we'll see Apple-branded dock connector-to-USB adapters soon.