Even though everybody have grown skeptical about iPhone 5 rumors, they still can't help but wonder what iPhone 5 will possibly feature and when will it released.

Start the slideshow to check out the rundown of the latest rumors on iPhone 5, possibly the most hyped product in the world.

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iPhone 5 Rumor Apple Partnering With MasterCardPayPass to Bring NFC Technology in Next iPhone
iPhone 5 Rumor: Apple Partnering With MasterCard/PayPass to Bring NFC Technology in Next iPhone Moneto/Screen shot
The iPad 3 isnt the only Apple product creating a buzz. Hype about the iPhone 5 has also begun to surface, and some 4S owners may be out of luck in terms of upgrades from cellphone carriers. No official release date has been set yet for the next generati
The iPad 3 isn't the only Apple product creating a buzz. Hype about the iPhone 5 has also begun to surface, and some 4S owners may be out of luck in terms of upgrades from cellphone carriers. No official release date has been set yet for the next generation smartphone, but rumors have said that the iPhone will be seeing a summer or fall 2012 launch. REUTERS
iPhone 5
Will Apple's iPhone and Android co-exist? Reuters
Apple iPhone 5
Apple iPhone 5 with 4G LTE to Launch Later in 2012; Other Features That Look Certain. Macrumors.com
IPhone 5 Release Date 2012 Will Apples Next Smartphone Lose Its Home Button SPECS
Apple fans speculated about the new iPad’s home button, with rumors flurrying around the Internet about its removal. Since that theory was killed at the product’s official launch event, users are shifting their questions to the upcoming iPhone 5 release. DeviceMag.com
Iphone Iphone Rumors Update