Apple did not deliver an all-new iPhone 5 at its October 4 iPhone 4S event due to the current state of LTE chip technology, according to analysts. The president of Forward Concepts, Will Strauss, believes that Apple is holding back on an iPhone 5 until LTE chips are more compact. Currently, the LTE devices on the market such as the HTC Thunderbolt use an LTE baseband chip and a second 3G chip for the voice functions.
