A few days ago have appeared a number of new rumors about iPhone 5, according to which the terminal will come equipped with iPad's processor, will have an 8-megapixel camera and will have a radically changed design, as "teardrop".

The sources close to Bloomberg are disclosing some information that we won’t even dare to hope: Apple is preparing a smaller and cheaper version of iPhone, based on the iPhone 4’s hardware. The device aims the under-development countries, areas that until now have been dominated by Nokia’s handsets.

The same sources are saying that Apple will soon release a new iPad, which uses an improved version of the “Retina Display” technology, which currently features the iPhone 4. The tablet will have a higher resolution and will include a touch layer to respond more quickly to commands.

And as the sixth generation of iPhone is becoming more and more interesting for the Apple fans and the speculation have already started to flow, the enthusiasts claim that the iPhone 5 will hit the market in the spring 2012. The phone is expected to come equipped with major hardware updates, with a magnitude as great as the fourth generation had.

The experts in this field believe that Apple should really embrace a more aggressive launch cycle to cope with strong competition coming from the growing army of Android smartphones.

It is estimated that by the end of 2011, Apple will hold 18.5 percent points of the market share, while Google will have twice, 38.9 percent points. These are some bad news for Apple, which obtains more than half of revenue from the sales of iPhones.

Meanwhile, new information on the final design for the iPhone 5 were used to create a portrait that we can form an opinion about how the future iPhone should look like.

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