Most earlier rumors have the next version of the iPhone launching in October, though the closer we get to that date the more it is looking like it might happen in September. The reason for the pushed up date may actually be due to the iPad Mini which could very well be hitting store shelves closer to that initial October date, following closely behind the iPhone 5.
Separating the launch of the two devices really does makes sense, with it seeming unlikely that Apple would want to compete with itself by sending devices to retail shelves they are trying to convince consumers that they should own both of.
In a report written by KGI Securities analyst Ming-Chi Kuo discusses his feelings on the prediction:
Though shipments of iPad mini’s components will start in August, the new iPad line will end production, ready for transition to a modified New iPad line. As such, component shipments will drop in August as iPad mini’s components shipments growth will be offset. On a side note, the modified New iPad shares the same exterior as the original model, but contains modifications to correct its thermal dissipation problem and lower-cost components.
If they do launch an iPad Mini in October, several analysts agree that there may also be a slight upgrade to the iPad 3 along side of it. All predictions seem to indicate that the modifications to the iPad 3 would be slight given the time frame and would perhaps address the overheating issues as Kuo suggests and that some users have reported (though Apple has yet to acknowledge).
My fingers are crossed that this rumor is true, not only because I am itching for an iPad Mini now but because it means we can get our hands on an iPhone 5 that much sooner!