iphone 5

Via: Reuters
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To be fair this is coming from a major news outlet and not some random tech blog, so maybe there is some merit to this story.

Via: Gizmocrazed
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OK so it's just a concept design, but still, this would represent a major design overhaul by Apple if it ended up looking anything like this. Per the tech community:

The general specs of this concept include a 4 inch screen with a 10 Mp camera, and a very high-end 5 Mp front facing camera, which will really be more than capable of taking self-portraits, as well as for video-chatting.