With the new iPad out of the bag, the iPhone 5 rumor mill has accelerated with speculation over new features and specs.

There weren't too many surprises in Apple's unveiling of the new iPad, but the most unusual aspect of the launch was in the tablet's name: The new iPad.

For months Apple enthusiasts have been awaiting the iPad 3 or the iPad HD, but instead Tim Cook introduced the new iPad that replaced the iPad original and improved features of the iPad 2.

But what will this mean for the iPhone 5?

If the last two Apple events are anything to go by, we shouldn't just assume the next generation iPhone will be called the 5. In the October event most people expected the iPhone 5 but got the 4S, and now the iPad 3 has been diluted to simply the new iPad, suggesting Apple has officially broken its conventional numeric name tags.

Retina Display

The new iPad's most impressive feature is its 2048 x 1536, 3.1 million pixel display, the most ever in a mobile device. It currently holds 264ppi on a 9.7 inch screen. If the same specs came to the next iPhone's smaller 4.3 inch expected display, it would be a revolutionary feature.

 Processor

The new iPad will run on an A5X quad-core processor touted as twice as fast and four times better performance than Tegra 3 chip. New rumors suggest that the iPhone 5 will come with an A6 chip that will run faster than the A5X

Camera

The new iPad camera has come as a disappointment with a 5-megapixel backside illuminated sensor on the back, 5-element lens, IR filter, and ISP built into the A5X chip. The iPhone 4S comes with a powerful 8MP camera, which the next generation of iPhone is expected to improve on.

Voice Dictation:

 Although the iPad came with a basic voice dictation tool, the new iPhone is expected to come with a new improved version of Siri that supports US English, British, Australian, French, German and Japanese.

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.