New iPhone with larger 'retina' display to compete with Samsung Galaxy Nexus on the way, reports say

No. 6 most searched term of 2011: iPhone 5 The rumors and murmurs of Apple's latest smartphone were abuzz on the Internet all year, even before the release of the iPhone 4S.

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Posted: 03/23/2012

By: WPTV Web Team

With the new iPad breaking sales records, the rumor patrol is already on alert on Apple's other widely popular device: the iPhone.

Reuters reports Apple's new iPhone will have a sharper "retina" display and have a much larger 4.6-inch screen. The most current iPhones have a 3.5-inch display.

The new iPhone is set for a is set to be launched around the second quarter, according to a report obtained by Reuters in the South Korea's Maeil Business Newspaper.

A 4.6-inch display would put the iPhone in direct competition with the Samsung Galaxy Nexus , which has a 4.65-inch screen.

According to Reuters, Apple has already placed orders with its suppliers for the 4.6 inch screens.

To read the full report, go to: http://reut.rs/GIKyBN