These iPhone 5 release rumors just keep popping up don’t they? BGR, the latest to join the iPhone 5 speculation club has gotten a new release date for the next gen iPhone. According to the blog’s incredibly solid source, Apple plans on unleashing or at least announcing the highly anticipated iPhone come late August.

iPhone 5

As always, this rumor too cancels out a previous rumor which suggested a new design for the iPhone 5. The unnamed sources opined that if there was a new and improved design for the iPhone 4 successor, they would have seen 3rd party cases confirm that fact, which hasn’t been the case so far.

From the looks of things, it seems that the next gen iPhone will feature an iPhone 4 like design and will be the iPhone 4S and not the iPhone 5. While the design may remain the same, we believe that the 2011 iteration of iPhone will feature a dual core processor and an 8 MP camera to say the least. What other features do you want to see in iPhone 4S/5? Share your iPhone 5 wish list with us on our Twitter and Facebook channel.