Over at iMore.com yesterday, Rene Ritchie received some fresh intelligence from a source who knows about Apple’s plans regarding the fifth generation iPhone. “iPhone 5,1″ as it’s code-named will allegedly feature LTE capabilities, and will still have the Home button – as has always been the case.

The most interesting facts/rumors: Apple is yet to decide on the new design for the iPhone. As always, the engineers and designers go through an intensive prototyping and testing process to see which works and looks best. And, although a mockup was designed recently of a metal-backed iPhone with a longer screen, we’re told we shouldn’t expect anything of the sort.

If there is to be a larger display, it will be a maximum of 4-inches. There’s every possibility that the next iOS-powered smartphone sticks with the current 3.5″ Retina. Whatever the screen size, do not expect Apple to change the aspect ratio. So, don’t go hoping for an Android-style 16:9 widescreen display. In a side note, Ritchie also claims that Apple will be bringing a smaller, 7.85″ iPad in to the market around the same time, late summer/early fall.