Engadget -- which doesn't just run any old rumor mind you -- claims they have the goods on the next generation iPad 2, iPhone 5, and Apple TV (2011). The big news, if accurate, seems to be a blazingly fast, dual-core ARM Cortex A9-based Apple A5 system-on-chip (SoC) and a switch to dual GSM/CDMA (but not LTE) Qualcomm radios that can run on both AT&T and Verizon. (Which our buddy Mickey Papillon first heard were Apple-bound back at CES 2010.)
iPhone 5 is said to be a complete redesign, which would be very different than the identical casings used for both iPhone 3G and iPhone 3GS. A "total rethink" that's being tested but only on Apple's campus (so it won't turn up on the blogs, obviously). Apple has thus far introduced new iPhones in June.
iPad 2 still seems set for an April launch as expected. In addition to being slimmer and sleeker, it will include a higher resolution screen similar to but not the same as the current Retina Displays (yeah, we're confused by these back and forth rumors too!), front and rear cameras (FaceTime, of course), and an SD card slot (though no USB, sorry). It'll also have that Qualcomm chipset and Apple A5 proc.
Apple TV (2011), courtesy of the A5 chipset, will be able to play 1080p HD video "like running water". Whether or not this is also on a yearly cycle, meaning we'll have to wait until September 2011 to see it alongside the next generation iPod touch remains to be seen.
Again, these are all rumors and while Engadget is typically solid things can and will change. Apple reportedly had a more conservative "backup" iPhone 4 in case the one we got didn't pan out, so they could have a more conservative "backup" iPhone 5 as well. Also, Apple has been known to spread disinformation. It is fun to speculate though so let us know what you think -- are these the next generation iOS devices you've been waiting for?