There's a rumor going on that on June 5, ath Worldwide Developer’s Conference (WWDC) by Apple at the Moscone Center, Apple is to announce the next iPhone, which could possibly be the 'iPhone 5'. The developer's conference is to be held from 5th to 9th of June. Also, referring to the phrase "Corporatemeeting", it has been used by Apple as used many times earlier which usually refers to their Developers bash.

So, would there be a new iPhone 5 in the next coming months? Who knows. We'd keep you updated as the scenario goes!

Source