We have been hearing conflicting reports regarding iPhone 5 as one report suggested that iPhone 5 will have radical new case design whereas other claimed that iPhone 5 will be similar to iPhone 4 in design .

It was also claimed that the next iPhone will be a minor update to iPhone 4 , probably an iPhone 4S.

it is expected that iPhone 5 will sport 8 MP camera ,A5 processor ,curved glass cover and a redesigned antenna .

Business Insider reports that according to Sterne Agee analyst Shaw Wu iPhone 5 will have some bigger upgrade,

Well, it turns out that we are picking up that this “interim” iPhone refresh in the Fall timeframe could be a bigger upgrade than we expected. We believe this keeps the iPhone fresh and competitive and helps maintain its leadership position.

Our supply chain sources indicate that it will sport a slightly larger display than the current 3.5-inch retina display that is already industry leading. We are picking up that it will retain a similar form factor and size but with thinner bezel. We believe this makes sense to improve the iPhone experience without making it too bulky as we have seen with models from competitors.

Wu, further says that iPhone 5 will not be supporting 4G LTE as being expected by the customers.Apple is making it a bigger update as it wants customers to upgrade to next iPhone and not to wait for 4G LTE iPhone.

Till now we are not sure as such about the launch of fifth generation iPhone.

However, a latest claim suggest October launch of iPhone 5.

Will fifth generation iPhone be a bigger upgrade ?