Earlier today, we posted that Apple has seeded iOS 5.1 beta for iDevices. We have found something great for you. In the code of this new release, developers discovered something amazing. According to the them, Apple is going to release an iPhone 5 in the near future because a code name has been found in the iOS 5.1.

According to the image posted above, it is clearly mentioned that Apple is going to release iPhone 5 soon. In this picture, iPhone 5,1 is shown which represents the next generation iPhone, iPhone 5. The first iPhone released back in 2007 and called iPhone 1,1. The next generation iPhone was iPhone 3G which was called iPhone 1,2. While iPhone 3GS and 4 was called iPhone 2,1 and 3,1 respectively.

So in the same order, the last iPhone released was iPhone 4S which was dubbed as iPhone 4,1. And the next iPhone 5 will be iPhone 5,1. However, What will the features of the new iPhone be? Many rumors already show that it will sport a 4.0″ screen. So, it will obviously be a new design.

Stay tuned to find out more as it happens!