Images which claimed to be new next-generation iOS device parts of the iPhone 5 and new iPod touch have been leaked. The leaked images reveal that the panel measures 4.1inches diagonally. 

"The most significant of these parts is a claimed front panel from the next-generation iPod touch, with the supplier claiming that the display would be taller than the current model and that the opening in the front panel measures 4.1 inches diagonally. Apple would undoubtedly use the same display size on the iPhone and iPod touch if it were to bring a larger screen to both of the devices, so it is not entirely clear how to mesh recent claims of a 3.95-inch display with this measurement of 4.1 inches," reports MacRumors. 

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Apple usually comes out with the same screen size of the iPod touch and iPhone and going by this tradition, iPhone 5 is expected to come out with larger screen size than the current display screen. 

With Apple's competitors like Samsung Galaxy S3 already come out with display screen 4.8, it makes sense for the company to bring out a larger screen keeping up with cutting edge technologies.  This would definitely help Apple to increase their volume sales. 

Speculation regarding the next generation iPhone 5 features continues and the inclusion of button flex cable and front and rear cameras is also reported. 

"Our source's supplier has also included listings for several new parts claimed to be for the next-generation iPhone, including the home button flex cable and front and rear cameras, although the camera parts are listed as needing "verification", so the supplier may yet be confirming their authenticity," writes MacRumors.  

With all these rumors going on, when will Apple launch iPhone 5? Possibilities are leaning more towards a launch date during the World Wide Developers Conference in the first week of June that is drawing closer every day. We have to wait for the unexpected.