While Apple's next generation iPhone aka iPhone 5 is not yet officially announced, growing rumors are indicating a mid-October release.

According to The New York Times, the iPhone 5 is weeks away from being announced. If we go with the comments from France Telecom Chief Executive Officer Stephane Richard, the iPhone 5 will come out on Oct. 15. This goes against the rumored release date of Oct. 7, which has been most recently reported by 9to5Mac.

BGR also recently posted a timeline of the iPhone 5 and iOS 5 release dates, which also lends credibility to a mid-October launch. Citing a source close to the iPhone 5 development, the report said that the Cupertino-based tech giant will seed the iOS 5 beta 8 to developers on Friday, Sept. 16.

Along with the rumors, various questions are also surfacing around the most highly anticipated smartphone from Apple. One of these questions is about whether the iPhone 5 will also come in white.

When Apple launched the iPhone 4 last year, it came in the original black version. Soon after the launch, Apple made an announcement saying that a white version of the iPhone 4 would soon hit the stores. But the phone did not arrive within the promised timeframe. Customers had to wait a year for the lighter-toned smartphone.

On the delayed arrival of the white iPhone 4, Apple said that due to problems with the white coating on the casing, it took a year for the phone to get delivered. One may think that the Cupertino-based tech giant does not want to undergo the same issues again. Well, it does seem to have mastered the process. The upcoming device is proof of the company learning from its earlier mistakes.

Now consider the iPad 2. Launched in March this year, the second generation iPad was one of the hottest gadgets to ever hit stores. Apple fans thought that the iPad would only come in its original color. But contrary to the expectations, a white version of the device appeared soon. Although it was thought that the company would have problems with white-colored iPad, the firm has seemed to sort out the issue. This makes it authentic that the imminent iPhone 5 will also be available in white as well.

According to a new research note by analyst Ming-Chi Kuo, the upcoming iPhone will come in additional white models. Kuo said in his note that the fifth generation iPhone would not be hugely different from the current iPhone 4. Dubbed N94, the upcoming iPhone will come with 512 MB of RAM and the same A5 chip as used in the iPad 2.

He also said that the iPhone 5 will feature 3.5-inch retina display, not 4-inch as a number of rumors have claimed.

Even though there is no firm way to confirm whether the lighter-toned version of the iPhone 4 successor will be coming or not, earlier devices from Apple do compel us to make a calculated guess that we will see a white iPhone 5.