Apple iPhone 5 and iPad 3 set for 2012 releases?

Apple fans might wish to prepare to sell their mobiles in 2012 to make way for either the new iPhone 5 or the iPad 3, if one source is to be believed.

The Japanese blog Macotakara, quoting a Nikkei Business article, has suggested releases of both of the highly-anticipated models are likely next year, reported 9to5 Mac.

Should the iPhone 5 be brought to the market, it is believed it will offer a 4G connection.

Apple may be planning to continue its tradition of leaving approximately a year between releases of iPhones, with the 4S model hitting the shelves two months ago, possibly making a further launch next autumn a likely option.

The news source noted that there were rumours of an imminent release, but Apple has downplayed these due to some concerns over the mobile's power consumption.

CNET recently told how the iPad 3 is edging closer as work has started on the high-resolution display it will feature.