The Next iPhone/iPhone 5 is expected to be launched along with iOS 6 and will have a large 4-inch screen, Aluminium metallic casing, will come with improved Siri, A6 processor and will sport 4G LTE.

Reports from Digitimes claims that Apple may be introducing quad-core processor in its next iPhone -

Additionally, Apple is also expected to release its next-generation iPhone built on Samsung’s Exynos 4 quad-core processor in the second half, heating up competition in the segment, commented the sources.

New iPad/iPad 3 has A5X processor which is a quad-core chip but is a dual-core CPU.The processor which Samsung has offered in Galaxy S III Samsung’s Exynos 4 is actually a quad-core processor.It is very likely that Quad-Core processor will come up with A6 which was also rumored earlier.

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It is also being expected that Apple will be introducing NFC technology which will let users to use iPhone 5 as a debit card to make payments.To resolve Antenngate issue a rubber or plastic material which is used in bumper cases may be used.

Apple will also have to take care of the battery life of iPhone 5 as battery life of iPhone 4S is having issues.

Most probably Apple will be launching the next iPhone in first week of October, may be 5th October, 2012 which will be exactly one year after the launch of iPhone 4S.iPhone 5 could be priced at $305 for entry model.