Apple’s next event on October 4th: iPhone 5 going to be announced?

It’s been almost a year since Apple has announced iPhone 4. iPhone fans are waiting to see what’s next. Apple’s next event is going to be held on October 4th and we have heard that iPhone 5 is going to be announced in it. If it’s so, we are very pleased to hear that. If it’s not than how much we have to wait Mr. Tim?
This is the first Apple's event that Tim Cook (Apple’s new CEO) will lead. Others who will be joining him are Scott Forstall(Senior VP, iOS Software), Eddy Cue(Senior VP, Internet software and Services) and Phillip W. Schiller (Senior VP, Worldwide product Marketing).
We have also heard that iPhone 5 will be expensive and the cheaper iPhone 4S will be released with it. Unfortunately, we also don’t know about that. What we do know at this time is that the Apple fans really want to put their hands on something new.
We don’t know what will be unveiled at this event. It can be iPhone 4S or iPhone 5 or may be both of them. Some rumors are that it’s going to be iPad 3. What’s true? Well, we can’t decide that yet. We have not heard any official thing about it. So, the new launch is still a mystery.
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