A new image leak of the soon-to-arrive Apple iPhone 5 shows that the latest edition of the phone will not feature a rear camera accompanied by LED flash to its right.

The image of an iPhone 5 case published by Apple.pro shows a camera flash on the far right of the rear of the new iPhone, according to AppleInsider.

This is the latest of a series of iPhone 5 leaks so far to have created a buzz around Internet. There has also been speculation over what the latest device will be called -- Apple iPhone 5 or iPhone 4S.

The following are some key features of the device leaked on the Internet:

About a month back there was a video circulating on the Internet, which purportedly showed a white iPhone 5 running on an updated version of iOS.

The voice in the video, which originated from Vietnam, said what was shown was “a test version of next-generation iPhone with the new iOS that Apple plans to release this year.”

The voice behind the camera also says the model has a 64GB capacity. If it were, it would be yet more proof that Apple is planning to release the higher storage model in its lineup of iPhones this year. However, there’s no real evidence to suggest that the handset in the video isn’t an iPhone 4 running a piece of jailbreak software, according to tech website TIP.

If the video is authentic, then it could suggest that Apple could add full multi-tasking functionality in the new iPhone.

In March this year, iDealsChina showed in its website what it said was a leaked image of the iPhone 5 phone. The handset's screen looked larger and the hardware was bigger overall.

We just got what appears to be mold engineering drawings for iPhone 5. These would be used by case designers to create plastic, TPU, aluminum, silicone and leather cases. A while back we hear rumors that iPhone 5 would have a curved back but these images show iPhone 5 with the same
form factor as iPhone 4 but with an edge to edge screen, the site said.

Earlier, in January, another Chinese technology website, Zol, posted some details of the rumored iPhone 5., with (what appear to be) concept design images. According to it, the iPhone 5 would get a new exterior and upgrades like an A4 chip, an 8 mega-pixel camera and a new version of iOS.

There were also reports in the past saying that Apple was spending an amazing $4 billion on some display technology for the nee iPhone which would facilitate a much larger display on the same same encasement.

An image published by a Chinese reseller of Apple parts showed what looked like the digitizer panel of iPhone 5. If the image is authentic then the new iPhone will have a 4 inch display but within the same encasement, made possible by a technology that extends display over to the edges of the phone.

Tech websites have also been musing about additional gaming features in the new iPhone. There has been buzz that the next generation iPhone will leverage on the fast growing gaming market.

There is near unanimity in gadget circles that Apple will bring its A5 chip on to the iPhone 5, which could hit stores in September this year. The buzz is that Apple will unleash the gaming performance and speed of A5 chip in the upcoming iPhone model.

It has also been reported that Apple is letting select developers play around with an iPhone 4 which is implanted with an A5 chip rather than the A4 in order that they can bring out the full gaming prowess on the upcoming iPhone 5. These developers, seemingly from high-level gaming outfits, have been given what is essentially an iPhone 4 but with an A5 processor instead of an A4. The device itself is virtually identical to the iPhone 4, and there is no way anyone can tell it’s not an iPhone 4 based on the phone’s exterior, 9to5Mac has reported.

According to the report, the source who leaked this information called the device ‘iPhone 4S’. According to the source, the prototype iPhone 4S is not necessarily what consumers will get in September when Apple is likely launching the next generation iPhone. But developers from gaming
bigwigs will get a pre-taste of the gaming prowess of the iPhone 5, and work on the gaming software accordingly.

There was a Reuters report late April that Apple will begin production of the much-awaited device in July and that the product could hit stores in September.