While Apple's (AAPL 1.27%) recent earnings report wasn't all that inspiring (the guidance, in particular, caught many investors off guard), it's still far too early to write Apple off. In particular, the next generation iPhone could end up significantly reversing the fortunes of Apple's shareholders. It may just seem like "yet another iPhone," but in reality this view is likely to be far off the mark. 

In particular, there are rumors swirling that Apple plans to introduce not just one, but two new iPhone models: A 4.5-inch one and a 5-inch one in order to capture more share at the very high end of the smartphone market from the likes of Samsung (NASDAQOTH: SSNLF) and LG. Not only could such a move secure Apple's current "small" iPhone customer base, but it could win meaningful share (and potentially drive up average selling price) and drive some nice revenue growth for Apple. 

Join Eric Bleeker and Ashraf Eassa as they discuss the potential implications of Apple's next generation iPhones.