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Bloomberg is backing up the rumors we’ve been hearing the past couple of moths about the fifth generation iPhone.

They claim it will be unveiled in September and feature Apple’s dual-core A5 processor, which is the same chip found in the iPad 2. The report also says that the “iPhone 5″ will bump up the camera quality from the previous 5MP camera to a new 8MP one. The fifth-generation iPhone is also said to have the same form factor and feel as its predecessor (the iPhone 4) while it doesn’t sound too revolutionary, these improvements will bring the iPhone up to speed with current smartphones.

I heard the iPhone 5 will feature a new case design.. Nd b releasing in august..

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How can they say "these imporovements will bring the iPhone up to speed with current Smart-phones"... errr hello!

The iPhone 4 still kicks major ass, it looks the sexiest of all the Smart-phones, it's faster, more user-friendly, and it's Apple so you know the build quality is going to be top-notch!

But shove a Dual-Core A5 Processor and an 8MP Camera... You must login or register to view this content.

Should just call it the iPhone 4gs

Well, IOS 5 is coming out so I'm pretty sure they will be calling it the iPhone 5 to go with iOS 5