New next generation iPhone concept designs are surfacing by the day, but the latest one from Antonio De Rosa of ADR studio is so sleek and imaginative that we can only wish it comes close to the real thing.

Rosa calls his design The New iPhone,' a mock-up that abandons the traditional idea of the sim card and instead, uses the phone's operating system and 4G LTE technology to collect data.

The body of the phone is ultra-thin with an audio section, two panel speakers and retina display. The screen comes with a top strip, which blocks together all network information and notifications, with a multitasking panel and the bottom of the app dock.

One of the most original features of Rosa's design is the removal of the home button below the screen. This was a popular rumor for the new iPad, which was proven wrong when the tablet was launched. Rosa integrates the button into the bottom strip of the display, which is activated through a motion sensor.

Other features and specs in the concept design is Siri, gyroscope on 4-axis, motion and led powered edge, which accurately shows the level of battery life.

It's highly likely the new iPhone will come with a new design and while we can hope some of Rosa's ideas feature in the final product, its highly probable that the new phone will be more bulky and bear more conventional Apple features.

Here's a roundup popular iPhone 5 rumors:

Release Date:

After great media hype, iPhone customers expected the iPhone 5 to be released in October 2011, but instead the iPhone 4S was unveiled. Rumors suggest the phone will be launched at the Worldwide Developers Conference in June, but this is highly unlikely as Apple usually has its own event to launch new models of its products.

A recent report in the Japanese blog Mocotakara, says that Apple will abandon its mid-year iPhone releases and instead switch to a 12-month launch model. This may mean we have to wait a little longer to get a glimpse of the new iPhone but the rumor seems realistic as the iPhone 4S launched in October last year instead of the usual iPhone mid-summer launch period.

Display:

The latest iPhone 5 rumors point to a 1280 x70 resolution with a Quantum Dot LED curved glass edge-to-edge display. Since the launch of the new iPad, Apple enthusiasts are convinced the phone will come with a retina display. A bigger 4-inch or 4.6-inch screen is also on the rumors cards, after many iPhone customers have criticized the iPhone screen for being too small.

Processor:

The iPhone 5 will probably come with an A6 Chip, after the iPad was released with the A5X quad-core processor touted as twice as fast and four times better performance than Tegra 3 chip. An A6 chip would double the power of the A5 chip that is currently used in the iPhone 4s and the iPad 2. An unnamed source, who claims to have an iPad 3 prototype, sent Boy Genius Report pictures of a diagnostic tool called iBoot, which states a chip model number that appears to be that of the A6 chip.

iOS 6 Software:

Ars Technica has published some analysis that suggests some Apple products are already running on iOS 6 software. The analysis would suggest that Apple is either doing a test run on some of its new products. We might expect the new software at the Worldwide Developers Conference, where the iOS 5 software was revealed last year.

Better Battery

The iPhone 4s's battery life is one of its most criticized features. Apple tried to fix the bug with an iOS 5.0.1 update, and while some users said it had improved their battery life, other complained that the performance wasn't good enough. It is therefore likely that Apple are focusing on overall higher battery life and performance, which is paramount if it keeps introducing battery draining features like Siri.