Apple will announce the iPhone 5 during a keynote speech on 7 August.

If KnowYourMobile's 'reliable industry source' is to be believed, the illustrious iPhone 5's launch date is 7 August. The news contradicts the general expectation of an autumn launch of September or October. See also: iPhone 5 release date, specs and rumour round-up.

iPhone 5

The source was unable to reveal any other details about the launch or the iPhone 5's specifications. The smartphone will debut Apple's iOS 6 operating system but the date of 7 August doesn't match the fact Apple said the OS will be released in the autumn.

Last week we reported that the iPhone 5 had gone up for pre-order in China despite Apple not even announcing the handset. Sellers are accepting orders for well over $1,000 touting various specifications but no delivery date.

One of the most talked about aspects of the iPhone 5 is its screen size which will supposedly be bigger than the 3.5in used previously. We'll have to wait for Apple's announcement, whenever it might be, to find out for sure.

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