Apple expected to release new iPhone

According to multiple sources, Apple is expected to release the iPhone 5 this fall, which could result in huge gains for chip manufacturers and service providers across the country.

According to FBR Capital Markets, the phone could be one of the most important releases for competitors in the handset industry and service providers, and is expected to sale as many as 250 million units.

If predictions are accurate, the iPhone 5 would be one of the largest single product opportunities in the history of Apple.

Semiconductor suppliers such as Qualcomm and Fairchild Semiconductor International are expected to improve their supply chain with the release of the new device, with Qualcomm seeing possible content growths from about $8 in the iPhone 4S to $15 to $18 in the iPhone 5.

"We expect the iPhone 5 to be a homerun driving large volumes to critical device suppliers," FBR Capital Markets' report stated. "50M–52M units could get built in 4Q12, well ahead of Street estimates."

According to MarketWatch, the launch of the iPhone 5 could boost Apple's current quarter earning by 12 percent.