Apple is holding their next media event on Oct. 4th. This most certainly will be the announcement of the release of the iPhone 5. It has been said by sources that not only will the iPhone 5 be featured in this event but also that it will be released shortly after the event. Most are speculating in a week or 2 after the event which will put the release right in the middle of October which most sources have speculated since the summer. Plus this event also holds a bit more value to it since it is the first event with the new CEO of Apple Tim Cook. So overall October 4th is going to be a huge day for Apple, not only are you going to see the iPhone 5 but you will see the new CEO in action and every has to wonder how he will do.