Macstories has reported that Apple is currently working on iOS 4.3 and will be released by the mid of December this year. According to them, this new update will allow you to subscribe to the News Corp’s iPad-only newspaper, The Daily. Macstories has also predicted that Apple might delay iOS 4.3 because the current version, iOS 4.2.1 was delayed for 3weeks due to unexpected Wi-fi issues.

From Macstories:

Here’s what we heard from a reliable source: when Apple didn’t know about the WiFi issues in the GM seed of iOS 4.2, the OS was scheduled to be released weeks before Nov. 22nd. Apple found out about the WiFi issues, released a second GM build and iOS 4.2 came out yesterday. It came out in November, but it should have been out in the first half of November. Anyway, before the WiFi issues were discovered, Apple was already planning to release a new build of iOS 4.x in mid-December. Most specifically, they were planning for an iOS 4.3 release on December 13th, which is a Monday.

Our source tells us it is unclear whether the “extra time” that was required to ship iOS 4.2 (actually, it’s iOS 4.2.1) will cause a delay for the rumored release of iOS 4.3 on December 13th or not. iOS 4.3 should, however, include bug fixes and maintenance of the code. It’s likely that 4.3 will also address the initial issues found in AirPlay, but we can’t confirm this just yet.

Back to The Daily, our source corroborates Gruber’s theory about recurring subscriptions: an iOS update will be needed to support them, and iOS 4.3 is supposed to be that update. The rumored December 13th release date should follow Apple’s announcement on December 9th, which is a Thursday. It could change, but apparently Apple wants to keep with the 12/9 announcement.

Stay tuned to tipsneeded for more updates, jailbreaks and unlocks.