Forbes is reporting on a research note from analyst Peter Misek, who claims Apple will be releasing the iPhone 5 in September. Misek states Apple will be going with 'iPhone 4S' as the name, following in the footsteps of the 3G to 3GS upgrade, and will not support LTE because the Qualcomm chipset isn't ready just yet. He also believes Sprint and T-Mobile will be onboard at launch.

According to our industry checks, the device should be called iPhone 4S and include minor cosmetic changes, better cameras, A5 dual-core processor, and HSPA+ support [...] As for LTE, he says the Qualcomm LTE chipset Apple would have used “is currently not achieving yields sufficient for inclusion in the iPhone 5.”

But he also says that “industry checks indicate Apple will likely announce Sprint, T-Mobile, and China Mobile as new carriers.”

Adding China Mobile would further propel Apple's presence in the Chinese smartphone market. Rumors of the 'iPhone 4S' name picked up last month when some developers were reportedly receiving beefed up iPhone 4 units for testing purposes.

Expectations that the next iPhone will be released in September have been mounting, but Apple could always have a surprise up their sleeve at WWDC in June. We're going to throw this one into our iPhone 5 release pool either way.

What are your thoughts? Let us know in the comments!