The report cites an anonymous source, who claims the designs for the next iPhone were in the works before the release of the iPhone 4S, and before Jobs’ death late last year.
The next generation iPhone is expected to feature a larger 4-inch screen, and is due for release in October this year, according to analysts.
The next iPhone is expected to feature LTE connectivity as well as Gorilla Glass 2.
An updated Apple A-series processor may also feature in the phone, though it may not be the full quad-core A5X used in the iPad 3.
Read the full story at: Cnet.