The most awaited gadget of the year was retired by Steve Jobs. We are talking about the iPhone 5. It was the subject of many speculations before the iPhone 4S was released. Sources inside Apple revealed that the iPhone 5 was shutdown by Steve Jobs as he was unhappy with the fact that it had a bigger screen.

According to a industry source, iPhone 5 was real and it was retired only months before the iPhone 4S was announced. Apple engineers knew three months in advance that the iPhone 4S will be the new smartphone released by Apple.

It is supposed that Jobs – who had a strong temper – was unhappy with the big screen of the new phone. Furthermore, it seems that the iPhone 5 also had battery problems.

The source says that he spend two weeks playing around with a iPhone 5 prototype, which was more beautiful than the iPhone 4S. The screen had a size of 4 inch and a 10 MP photo camera. The source claims that the iPhone 5 was going to have a better screen and better colors. And the new phone also had a personal assistant but it’s name was not Siri.

Despite the fact that fans were disappointed, iPhone 5 might be released soon. Overall it is believed that it will be released in 2012.