I think Apple was innovative in the way they refined--no, let me say "defined"--the smartphone experience back in 2007. It was truly an amazing leap from what was out at the time. Sure there were phones that had had the same kind of features (although not usually in the same device). But the iPhone changed the game in a big way. Granted it was deliberately simplistic so it could pull that feat off, but the experience made up for it.
They did it again in 2010 with the iPhone 4--though not to the same extent. This time it was the jewel-like design (that I still marvel at) and a major iOS overhaul that put the new hardware to good use.
You might ask, what can they possibly do now? I can't answer that; no more than I could before the iPhone 4 was released. But I do know the 4 wowed me whereas the 5 most certainly did not.
So what I want to see is something akin to the iPhone 4 release--with hopes of the wow of 2007. I don't think I'll see another wow like the original iPhone. It got me addicted to the thing. But like all addicts, I want that original "high" again. One can hope.
Michael
Ok, I mostly agree - though I think you've highlighted one of the central problems in this line of thinking.....
Apple innovated in 2007 with the original iPhone, then again in 2010 with the iPhone 4. I suppose we could assume that 2013 would bring yet another innovation - or one might think that as technology progresses, innovations become more common. But that simply isn't the case. I'd argue that as a product matures, time between innovations begins to lengthen. Expecting the iPhone 5 to bring about some new innovation, even akin to the iPhone 4 is silly - same as expecting some huge breakthrough every year is.
The smartphone industry is in a relatively mature stage. We're already reaching the point of diminishing returns with displays and apps still haven't caught up with chip speed/power of even last year.
You are right on when you say you don't know when the next innovation will happen - no one does. That's what makes it innovation. Something that takes the entire world by storm and either makes a seemingly out-of-reach/undesirable product a necessity or completely creates a brand new industry.
There's nothing wrong with wanting to be wowed - not speaking specifically of you, but in general the average consumer is fickle and easily bored. Everyone is always looking for the next thing. Apple has never been the company to go down that road. They'll continue to refine their products until the next big product comes along (likely a smartwatch or iTV) and those two industries could be revolutionized, but they aren't in the "spec-wars game".
I think, hardware-wise, all TRUE innovations have been mostly exhausted (with the exception of battery life and the balance between style and durability) - iOS 7 will be the "wow" thing this year IMO. I think the software will be what renews a lot of former iOS users' fervor for the platform.
Time will tell - I understand I have much lower expectations than most. As long as the phone does what I need it to do, I'm fine. And I think most phones out there - especially the flagships - do everything I need and more.