iPhone 5S Will Be Gold, Come With 128GB, But Have Only 8MP Camera [Report]

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Analyst Ming-Chi Kuo of KGI Securities is one of the few analysts who routinely predicts Apple’s moves correctly. Yesterday, Kuo sent out a research note to investors that was filled with details about the iPhone 5S, including Kuo’s belief that we will see a gold-colored iPhone 5S available with 128GB of storage.

We’ve heard plenty of rumors in the past that the iPhone 5S would come in gold, but many of us didn’t believe it. Kuo says that it’s a certainty, though, as it will help distinguish the iPhone 5S from its predecessor.

The 128GB announcement is also something of a surprise. Technically, Apple’s had the ability to put 128GB of SSD in a device the size of an iPhone for years now, and quietly released a 128GB iPad last year, but this is the first we’ve heard from a reputable source that the iPhone 5S could get the same treatment. It’s a nice upgrade, but the device that could really use 128GB of storage is the iPod touch, turning it into a true iPod Classic replacement. With Apple increasingly emphasizing the iCloud, 128GB isn’t nearly as useful on a device with a cellular connection.

Finally, Kuo augurs concerning the CPU behind the iPhone 5S, the A7, which he says will be 20% faster. Interestingly, he argues that the iPhone 5S will continue to boast an 8MP camera, as opposed to the rumored 12MB camera. Megapixels aren’t everything, though: Kuo thinks that the iPhone 5S aperture will open up to an impressive F2.0, while dual-LED flash will help with night time shooting. That’s a nice upgrade, even without pixels.

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