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Apple becomes the most valuable company of all time.

Apple - the world's most valuable firm - is now the most valuable company of all time, with a market value of approximately $623bn (£397bn), surpassing Microsoft's record of $620.58bn set in 1999.

The news comes ahead of the anticipated launch of the iPhone 5, and possibly a smaller and cheaper iPad and a television set.

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From iLab.cc Source

The next-gen iPhone will launch in September, but already leaked images and a video of the complete phone case has appeared on the web. It shows a slightly longer iPhone housing with a two-tone finish.

The images look as if there is a smaller mini-port not unlike the 19-pin mini connector, a new speaker grill down at the bottom.

Video courtesy of Macotakara.

Possible images of the next-generation iPhone continue to pop up online, with the latest allegedly revealing a peek at the front frame.

The width of the alleged frame is said to be the same as that of the 4S, but the of longer length. That description is in line with reports claiming that the next iPhone will receive larger screen size to 4 inches from the current 3.5 inches. The screen would offer an aspect ratio of 16:9.

Here's a speculation on my behalf; with the new generation and probably taking a cue from the iPad naming convention, the new iPhone would probably be called simply 'new iPhone'.

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