Apparently, Fox knows something about iPhone 5 that Apple did not feel compelled to announce. Either that or Fox was completely misinformed on the topic. We will go with the latter on this, as footage of "new" iPhone 5 features was broadcast using a mix of mockup video from months ago and an anchor having to go along with a script of features that are pulled out of the video's science fiction.
A pair of recently released Apple patents hint that an upcoming iPhone may sport things like location sharing and the long-anticipated front-facing camera. The first describes a way to share location information with friends. You would simply send your location in a text or instant messenger application and they would open it up in the Maps app. We're guessing this will be implemented using the tech from the mapping company Apple acquired last October.