iPhone 5 Release Date: Today's 1 p.m. EDT Press Conference; How Apple Users Have Webcast Advantages (VIDEO)

The iPhone 5 will supposedly come with a thinner screen that would put its sleekness on par with the Samsung Galaxy S3. (Photo : HandyFlash)

Apple is set to debut the highly anticipated iPhone 5 during a live press conference at 1 p.m. today from San Francisco, California.

The invitations have been sent to members of the press last week but can be seen online, under one condition: you must have an Apple device, if things go to plan like 2010.

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Unlike Samsung's launch of its Galaxy Note 2 two weeks ago which was available online for all to see from the IFA 2012 in Berlin, Germany, Apple has made it complicated for non-Apple device holders.

According to the Huffington Post in 2010, Apple device users were able to watch the live webcast of the press conference using an "internally-developed HTTP Live Streaming Protocol" and only viewable on a Mac's Safari running on at least with the OS X version 10.6 (Snow Leopard) and the iOS 3.0 or higher on iPhones and iPod Touch.

ReadWriteWeb explained, "The HTTP live streaming protocol is a feature of the latest version of Apple's multimedia player and framework, QuickTime X. The new protocol lets users stream audio and video over HTTP. This makes things easier for broadcasters, who can use a standard Web server instead of a special media server to stream in almost-real time."

If Apple does carry the same exclusive webcast, it should be featured on Apple.com.

Not an Apple customer but still want to watch the live show?

Latinos Post will update if Apple suddenly decides to feature a live webcast, as well as the confirmed features of the iPhone 5.

What has been heavily rumored for the iPhone 5 are the following: 4-inch Retina Display screen, 1GB RAM, an eight-megapixel rear-facing camera, a two-megapixel front-facing camera, running on the latest operating system iOS 6, battery capacity of 1140mAh with its life going eight hours for 3G users and 14 hours for 2G users, A5X dual-core processor, and an improved Siri voice assistant that will understand other languages such as Japanese.

If interested in understanding the rumored terms and features of the iPhone 5, Latinos Post has gathered what has been speculated and helped break down words such as RAM, GB, battery capacity, and more, click here.