iPhone 5 Confirmed by Apple’s Search Engine
Filed under News by Korey Nicholson on September 12, 2012 at 10:24 AM
It is all but official now folks! Thanks to Apple’s own search feature on their website, we have been enlightened as to what the next iPhone will be named. It will be called the “iPhone 5″ even though it is the sixth generation device. As well, the company’s search engine revealed that the device will be equipped with LTE. There are no other details about the device that can be found, but at least the naming debate can finally come to an end.
Source // Apple

That’s because the “fith” generation was a minor refresh…and the 3rd generation was a minor refresh, so technically this is iphone 3.0 ;-)