There will be not be a smaller iPhone, contrary to speculations to that effect, an Apple spokesperson has told the New York Times.

Apple iPhone 5 is in its testing stage, "discreetly," or so claims a senior staff member of Apple.

Apple’s iPhone 5 is scheduled to release in June 2011 and everybody has their own particular demands and suggestions for Apple. Some of these suggestions are made because they improve the existing iOS services, while others are capabilities that the competition already provides. Either way, here’s a list of all the things iPhone 5 ought to be able to do, and we hope that these predictions do come true. Don't miss: iPhone 5 launch rumors