Apple has released a new version of iOS 5 to developers, iOS 5.1 Beta, and some new device identifications have been found inside iOS 5.1 Beta, which include a reference to the iPhone 5, with iPhone 5,1. The current iPhone 4S reference is iPhone 4,2.
As well as the reference to the iPhone 5, there is also a reference to the new iPad 3, and the changes to these reference names mean that both the new iPhone 5 and iPad 3 are likely to come with major hardware changes over the existing models.

Anticipated Features and Improvements
The references found in iOS 5.1 Beta suggest that Apple is gearing up for significant upgrades in both the iPhone 5 and iPad 3. Historically, a change in the reference number has indicated substantial hardware improvements. For instance, the jump from iPhone 4,1 to iPhone 4,2 marked the transition from the iPhone 4 to the iPhone 4S, which included the introduction of Siri, a better camera, and a faster processor.
For the iPhone 5, rumors are circulating about a larger screen, possibly moving from the current 3.5-inch display to a 4-inch display. Additionally, there is speculation about a new design, potentially featuring a thinner and lighter body. The iPhone 5 might also include the A6 chip, which would offer improved performance and better battery life.
Similarly, the iPad 3 is expected to feature a Retina display, which would significantly enhance the resolution and clarity of the screen. Other potential upgrades include a faster processor, possibly the A6 chip, and improved camera capabilities. These enhancements would make the iPad 3 a more powerful and versatile device, suitable for both casual users and professionals.
Release Dates and Market Impact
We are expecting to hear something about the new iPad 3 early next year, which could be released sometime in March or April. This timeline aligns with Apple’s previous release schedules for iPads, which have typically been announced in the spring. The iPad 3’s release could have a significant impact on the tablet market, as it would likely set new standards for performance and display quality.
With regards to the iPhone 5, we wonder if Apple will switch back to the June/July release date for the new iPhone 5, as the iPhone 4S was released at the start of October. A summer release would allow Apple to capitalize on the back-to-school shopping season and give them a head start over competitors who typically release new models in the fall.
The introduction of the iPhone 5 and iPad 3 could also influence the broader tech market. Competitors like Samsung, Google, and Microsoft may feel pressured to accelerate their own product development cycles to keep pace with Apple’s innovations. This could lead to a wave of new devices and technologies, benefiting consumers with more choices and better products.
Source Mac Rumors
Have a look at our handy guide on the difference between the iPhone 4 and iPhone 4S and also the difference between the iPhone 4S and iPhone 5 to see all about the new iPhone 5.
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