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TUAW posted the latest rumors on the iPhone 5



Now that the MacBook Pro refresh has happened and the iPad 2 is out, what's left for the rumor mill? The iPhone 5 of course. Citing a Chinese source, Japanese site Macotakara claims that Apple is abandoning the current iPhone 4's exposed antenna/glass backside construction for the iPhone 5. The iPhone 5 will supposedly have an all-aluminum rear case similar to the iPad 2. Wireless signals will penetrate the case via the Apple logo, which will be made from a plastic resin, presumably similar to the black bar on top of the 3G iPad 2
  iPhone 5 rumors: aluminum backside, redesigned antenna