iPhone 5 Update Bigger Than First Thought?

It could be, at least if you believe noted and respected Sterne Agee analyst Shaw Wu. In a note today, Wu said Apple's AAPL next version of the iPhone could be a “bigger update than expected.” Wu brought up the possibility that the iPhone 5 will not be just a modest update, but will have more power, be lighter, and thinner as well. Wu cited talks with anonymous parts suppliers. He also mentioned that the iPhone 5 will have Apple's dual-core A5 processor. He did agree that the iPhone 5 will not be supportive of 4G LTE service Shares of Apple are are off $4.42 to $392.33, a loss of just over 1% today.