iPhone 5

Apple routinely describes the appearance and operation of its mobile products as "magical" for a reason. Ever since the first iPhone touch screen came on the market, the company has been refining its interface and raising the bar for intuitive interaction to a new level. A patent revealed by Patently Apple shows how Apple plans to add the illusion of 3D to future iOS devices.

Much like the head-tracking demo we've already seen that creates the illusion of 3D on the iPad, Apple's concept would track the movement of the iPhone user's eyes and alter the display accordingly. Finger position would also determine how the interface would move to provide "depth" to the iPhone screen.

Apple plans to use Liquipel technology on the next generation iPhone, making the iPhone 5 immune to problems resulting from exposure to water. The waterproof iPhone 5 would be treated internally with a thin layer of Liquipel's material that prevents water molecules from ever contacting sensitive electronic components.

The news that Apple plans to utilize this technology comes from a source in the UK phone retail industry, who stated that wording for insurance documents will be changed to accomodate the waterproofed iPhone 5. Liquipel's technology was demoed at this year's Consumer Electronics Show (CES) in Las Vegas.

Another report has surfaced pointing to a summer iPhone 5 announcement from Apple. The analysis from Daiwa Securities claims the next generation device will be revealed at the Apple Worldwide Developer's Conference (WWDC) in June. This would bring Apple back to its tradition of mid-year iPhone releases.

The shift back to a summer release would mark a departure from last year's October iPhone 4S launch, leaving just eight months between the two generations of smartphones. The normal venue for WWDC already has the dates June 11-15 blocked off for a "Corporate Meeting" and is expected to host the Apple event during this week.

A "reliable" source who tipped off 9to5mac that the iPhone 5 would not be released last year, said the new handset is now gearing up for production. The tipster said there are several prototypes floating around Foxconn in China so it's hard to tell which one will be the final product. All the sample devices feature a 4+ inch display, but none of them feature the rumored teardrop design.

Dreams of a teardrop shaped iPhone were dashed in November when an iLounge source said the iPhone 5 would not be receiving a redesign. Both sources seem to believe the next-generation iPhone will be available this summer.

According to investment bank Morgan Stanley the next generation iPhone will be slimmer and feature "a quad-mode chip" from Qualcomm that would give it both 3G and LTE capabilities. Analyst Katy Huberty (via Apple Insider) claims "new touch panel technology" will allow the iPhone to be thinner, and that Apple is considering new casing material. This coincides with a previous report from BGR who said the next iPhone will feature an all-aluminum back.

Huberty says little is known about the iPhone 5, but she believes it will be launched in Q3 of 2012 depending on "manufacturing yields" and "competition." "What is clear about iPhone 5 is that Apple and its supply chain are positively surprised by the demand for iPhone 4S, which increases confidence in strong sales for iPhone 5 later this year," she wrote in a note to investors.