The iOSphere has happily concluded that iPhone 5 will be the Steve Jobs phone, because he purportedly "worked closely on the redesigned phone" before his death last October. See also iPhone 5 release date, specs and rumour round up.
The conclusion is based on a Bloomberg story which cites exactly one source, someone "with knowledge of the plans," as the basis for this assertion. Visit New iPhone 5 to have flexible display.
Bloomberg mentions a total of three such sources in the story, but each one for separate assertions. And the assertions don't amount to much, as one can tell from reading the rest of the story, which rehashes some rumors about screen sizes, some generalities about the competitive smartphone market, and so on. Go to iPhone 5 will "launch" in September.
For having talked with three people with knowledge of Apple's plans, there's precious little that's new or detailed information in the story. Bloomberg claims, again from one source, that iPhone 5 will be redesigned but offers not a single detail regarding how.
Another source repeats the previously circulated rumors that Apple has placed orders for displays "that are bigger than the 3.5-inch size now on the smartphone," but again without any detail as to what the larger size would actually be.
"Apple has been working on the new device since before the current iPhone 4S model was introduced last October, said one person with knowledge of the project. Jobs, who had gone on medical leave from Apple starting last January, played a key role in developing the phone, this person said."