Tim Cook speaking during Verizon's iPhone 4 launch event in New York
Apple CEO Tim Cook is expected to announce the iPhone 5 later today. Reuters

With all the hype around the iPhone 5 people's imaginations are starting to run wild. The Internet is full of enough what if and What we want articles to fill up the memories of a truck load of iPhone 5s.

Here are the 5 most credible rumors around the Internet and the 5 most wanted features that we don't think we'll see.

What to expect:

Bigger Screen

Most rumors put the next iPhone screen at around 4. With the iPhone's biggest competitor, DROID BIONIC, having a 4.2 screen, Apple isn't likely to fall behind.

iCloud

The iCloud is Apple's online storage service that automatically pushes content from one device to the next. The service has been in beta for a while now and will be likely to debut with the release of the new version of iTunes, which is in beta 9. The service will give anyone with an iOS 5 device 5GB of free storage to put whatever movies or music users want. More storage will be available for a price, however a business model hasn't been revealed by Apple.

A Better Camera

An 8-megapixel camera is sure to come with the new iPhone 5. The iPhone 4 has a 5-megapixel camera with 720p video recording and the BIONIC already has its own 8-megapixel camera. The iPhone 5 is defiantly due for a camera upgrade.

Voice Control

The Assistant voice control is also another big rumor surrounding the iPhone. Though the iPhone 4 already has a voice command system, the new iOS 5's voice command system should be even more robust and be much more integrated with the phone's apps. Users should be able to send texts or make entries in their calendar for starters.

A Faster iPhone5

Most agree that iPhone 5 will have 1 GB of RAM (about twice as much as the iPhone4) and an Apple A5 dual-core processor. This is sure to make the iPhone 5 one of the fasted handheld devices around.

Though we would really like to see most of these upcoming features they are either too costly or still on the drawing board for Apple. Here is what not to expect:

LTE 4G

Though the LTE 4G is the fastest wireless connection around. However, the technology is a little bulky, and not all carriers support it. The latest rumors say the iPhone 5 will have HSPA+ speeds which is a bit slower than the LTE 4G. If conditions are right HSPA+ should have a download speed of 42Mbps and upload speeds of 23Mbps. LTE should have 300Mbps download speed and 75Mbps upload. Though conditions aren't usually that favorable.

Better Gaming (Physical Buttons)

The iPhone 5 will be quite a bit faster that the iPhone 4, and with all the power games will look even better and be more expansive. However, the touch screen makes gaming awkward with players' hands getting in the way of the action and nebulous controls that make precision gaming difficult. A few physical buttons would go a long way to increasing the viability of gaming on the iPhone. But the smartphone design philosophy encourages fewer buttons, not more.

E-ink/LED Hybrid Screen

The iPhone's LED screen can produce some spectacular colors, but it's still difficult to look at it in direct sunlight. If Apple is pushing for people to read books on their iPhone, some sort of E-ink/LED hybrid screen would really help. But this type of technology would be pretty expensive and we probably won't see this type of functionality yet.

OLED Screen

Speaking of fancy screens, Organic Light Emitting Diode (OLED) is the next generation of touch screens. The screens are brighter, have wider viewing angles and are more power-efficient. However, the new OLED technology is just to cost prohibitive to include in this generation of iPhones.

Wireless charging

The technology is available to charge an iPhone without plugging it in anywhere. There are even special iPhone cases that do just that. Tossing your iPhone on a mat that automatically juices it up would be wonderfully convenient. However, the technology still seems to be on Apple's drawing board.

We won't really know what is going to be on the new iPhone, or even if there will be an iPhone 5 until Tuesday's announcement. Hopefully we will be wrong on the cooler features that we don't think will be on the new iPhone.