Apple will be unveiling its next iPhone Oct. 4 at its Cupertino headquarters

It’s about time.

Apple is hosting its next iPhone event at its Cupertino, California headquarters on Oct. 4. Press invites landed in media inboxes first thing this morning, with a very enticing tag line: “Let’s Talk iPhone.”

Tim Cook is expected to be master of ceremonies at the event now that he is Apple’s CEO. The media event is taking place at Apple’s 1 Infinite Loop HQ, out of the norm from past iPhone events held in the city of San Francisco.

At the event, we’ll find out once and for all if we’re getting an iPhone 5 or an additional budget iPhone 4S. The iPhone 5 is reported to have a larger, possibly edge-to-edge display, a thinner silhouette and an elongated home button. It’s also expected to house an A5 processor, like that of the iPad 2.

We’ll be there Oct. 4 to share the news.