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Bloomberg: iPhone 5 Will Launch in September With Faster A5 Chipset and 8MP Camera

As we approach the release date of Apple's update to its mobile operating system, the iOS 5, it seems that we are getting some more juicy rumors regarding the company's new iPhone. Just today, Bloomberg just backed up the rumors surrounding the next iPhone by confirming that it will indeed debut in September and will feature a faster processor chip that's similar to the iPad 2. They also added that the folks at Cupertino headquarters are working on the iPad 3 which will feature better resolution.

iPhone 5 A5 Chip
Bloomberg reports that the "iPhone 5" will sport an 8 megapixel camera which is an upgrade to the current iPhone 4 having only 5 megapixels. The next iPhone will also run on a faster dual core A5 chip system, which is the same processor chip as the iPad 2.

The device will include the A5 processor, the more powerful chip that Apple added to the iPad 2 earlier this year, along with an 8-megapixel camera, up from the 5-megapixel model in the iPhone 4, said the people, who asked not to be identified because the details aren’t public.

The new iPhone, as expected will run on the new iOS 5, and it will be codenamed "Telluride". Contrary to design form-factor that was rumored in our previous report, the next generation iPhone will feature a design that closely resembles the iPhone 4. These claims of Bloomberg isn't all that much of a shocker but it does affirm past rumors for the iPhone 5 like the device having a faster chipset and upgraded camera (although we reported it as the iPhone 4S) and of course the September debut.

Interestingly, Bloomberg also claimed that Apple is working on finishing a cheaper to manufacture version of the iPhone which will be marketed towards developing countries:

Apple is also working to finish a cheaper version of the iPhone aimed at attracting customers in developing countries, the people said. This device would use chips and displays of similar quality to today’s iPhone 4, the people said. Apple’s work on a smaller, lower-priced version of the device was discussed by people familiar with the matter in February.

iPad 3
The sources of Bloomberg also claims that Apple is currently testing a version of the iPad which could only be the iPad 3. There have been rumors that the upcoming iPad will have a better display (Retina Display With 2048×1536 resolution) than the iPad 2. And this report somehow confirms it because the iPad 3 is said to have a resolution that's 1/3 higher than the current iPad 2. This is a bit strange because traditionally, Apple is known to double each dimensions in order to allow simple app scaling.

Bloomberg is regarded as a highly "connected" source and has a proven track record regarding rumors about Apple, so these claims could be very well be the closest to reality.

With all the rumors abound, at least it may be as well safe to assume that the next iPhone will be launched in September along with the iOS 5. [via Bloomberg]

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