Fresh iPhone 5 rumors: Modified chip, new body, bigger screen

More next-gen iPhone rumors surfaced today pointing to a modified Apple chip, more memory, new chassis, and a bigger screen.

Display and chassis: Let's start with a report at Business Insider, which cites a research note from Topeka Capital Markets analyst Brian White (returning from a tour of component suppliers in China). White says the next iPhone will have 4-inch screen and "sleek look that we believe will require a unibody case."

The upcoming iPhone is also expected to have 4G (presumably he means LTE) capability, like the new iPad, according to the analyst.

Big launch: White ventures that the launch will come in August or September and believes the "iPhone 5 ramp...could be extraordinary, dwarfing previous launches and driving the stock closer to our $1,001 price target."

A5X chip and memory: Next up is a report from 9to5Mac, claiming that the "actual next-generation iPhone is specifically said to not include the iPhone 4/4S design, but Apple is testing these new devices in older casings to throw off leaks."

A prototype of the next-gen iPhone uses a derivative of the A5X processor used in the new iPad, according to the Apple-centric site. But like the gen 3 iPad the new iPhone will have 1GB of memory.