A well-reputed Japanese tech blog Macotakara is reporting that the next generation iPhone will be announced later this fall. Macotakara also correctly predicted the arrival of the iPhone 4S in October last year.

iphone 5, new iphone 5, iphone 5 concept, new iphone

Chinese retail sites have already put iPhone 5 on sale — you can preorder one now.

Meanwhile, you can find more about the upcoming Apple iPhone 5 here. What new features do you see iPhone 5 will bring with itself? Let us know in comments.