Is there a possibility that the Samsung Galaxy Note 5 could be released in a few months and not at the end of the year as previous reports claim? Well, there are new reports claiming that it will be available two months from now.

According to The Motley Fool, Samsung is rumored to deviate from its usual release date schedule for Galaxy Note 5 and officially drop the device in the market probably in July.

However, a similar report by Korean website WhoWired clarified that Samsung Electronics President Shin Jong-kyun denied the rumored July release of the device. WhoWired has also learned that some newspapers reported that Samsung already revealed the specifications of the device and that it is set to take pre-orders before its release.

Apart from dismissing the reports about the Note 5's early release date, Shin also said in a Yibada article that reports about the lower anticipated sales for the Samsung Galaxy S6 were false. He reportedly added that the S6 smartphone will be a strong competitor in the market.

As for the features, the upcoming Note series iteration will feature a 4100 mAh battery, a 4.7 megapixel front-facing camera and 4 GB of RAM.

ValueWalk dished that the new handset could either feature a a 2K or a 4K Super AMOLED flat display though it noted that there is still a possibility that the company could switch to an OLED display.

"This suggestion was probably never particularly likely to come to fruition anyway, as the Super AMOLED technology in the Galaxy Note series has been hugely praised previously," explained ValueWalk.

The same report noted that it is highly possible for the Note 5 to have a 4K resolution display because Samsung used the technology in its previous smartphone releases.

According to KnowYourMobile, the Galaxy Note 5 is expected to cost more than previous instalments once it becomes available in the market because of its features and specifications. Analysts are expecting for it to be valued at $1,000. Nevertheless, this pricing is expected to reduce a few months after the market release of the device.

If you are willing to spend this much money for a device, below are the other features of the Note 5, as per Note5US:

Samsung Galaxy Note 5 is expected to come in 3 variants which would be different based on their internal storage capacity: 16GB, 32GB and 64GB. All ofwhich have expandable storage capacity of up to 128GB.

The handset is said to have aluminium finished edges with an all-metallic curved body. It will not only be dust and scratch resistant but also water-resistant.

The Note 5 will even feature an octa-core processor clocked at 2.9Ghz with a 64 bit architecture for the Exynos variant and a quad-core Snapdragon 808 variant.

Finger print sensor and retina scanner are more than likely to be included. Knox Security mode and Heart rate sensor are also expected from the Samsung device.

Finally, the much-anticipated smartphone will come with Super Battery Saver mode along with Wireless Charging, a Stylus S pen and a Compatible Gear 4.0.