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iPad iPhone Rumor

Rumor: iPhone 5 with 8MP camera due in September, Hi-Res iPad 3 en route

You may be wanting the iPhone 5 now, but you might have to wait until September while Apple tests the new handset and some other cool stuff.

Per Bloomberg, two sources familiar with Apple’s plans have stated that Apple is working on a higher resolution iPad and dropped details regarding Apple’s much-anticipated iPhone 5 handset. Apple’s next iPhone “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 publication’s sources.

As is to be expected, the new device would come with iOS 5, which is due out this fall, according to people familiar with the matter. Sources also said the new iPhone would closely resemble the iPhone 4.

The report’s insiders also rekindled a rumor that Apple is working on a cheaper version of the iPhone for emerging markets using “chips and displays of similar quality to today’s iPhone 4.” Rumors of a low-cost iPhone emerged this spring, though there is some disagreement regarding the details of the project.

“Apple is also testing a new version of the iPad that has a higher resolution screen, similar to the one now used in the iPhone 4,” the Bloomberg report cited sources as saying. The iPhone 4 currently features a Retina Display with a resolution of 960 x 640 and a pixel density of 326 pixels per inch. The resolution of the next-generation iPad would be about “one-third higher” than the iPad 2’s display and will feature a more responsive touchscreen, people said.

Various reports have suggested the iPad could see a display upgrade that would double the tablet’s linear resolution to 2048 x 1536. Last week, double-resolution iPad images in the iOS 5 beta sparked renewed speculation that Apple is planning the improved display.

Stay tuned for additional details as they become available.