Japanese blog Macotakara recently has reported that next generation iPhone, dubbed as iPhone 5, will be released in either September or October of this year. Apple launched its iPhone 4S in October of 2011, so it may be sticking to the new release cycle that began with the same time frame of its last product.

Recently, in first week of February there were rumors rounded up for iPhone to launch in June at WWDC event as well as gaining on Liquipel Waterproof Coating technology. However, the iPhone 5 has been rumored before to feature design overhaul and clad in rubber as well as 4G LTE connectivity. Apple’s implementation of LTE will also debut with the iPad 3 according to multiple reports.

We still take this report with a grain-of-salt, as we believe more rumors will round up again for this new iPhone. Stay tuned for strong information, because as we get, you will get it.