Bloomberg: iPhone 5 To Carry A5 Chip, 8MP Camera, Drops September

Backing previous rumors of an iPhone launch in September, Bloomberg confirms that Apple will launch its next-generation iPhone this fall. The device is expected to carry Apple’s recently introduced A5 chip, (as seen in the iPad 2), alongside boasting an 8-megapixel camera.

Citing two people who are familiar with the situaiton, they claim:

The device 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 people, who asked not to be identified because the details aren’t public.

Arriving in conflict with a recent report which claimed the next-generation iPhone will boast a “radical new case design,” Bloomberg notes that this device is likely to carry the same form-factor as the iPhone 4, with little change in outer appearance. The device is also expected to be running iOS 5, which, the report claims, currently carries the codename “Telluride”.

Separate to the report about the next-generation iPhone, Bloomberg today also claims Apple is currently testing its next-generation iPad, iPad 3, which it says features a “higher resolution screen, similar to the one now used in the iPhone 4,” which is apparently “about one-third higher” in resolution than seen on the iPhone 4.

Finally, the site also revives rumors of a possible low-end, cheaper iPhone in the report, claiming that they truly believe work is continuing on the project.