Another day, another rumor. At least that seems to be the case with Apple products. While there have been rumors floating around the Web these past few weeks about the next generation iPad’s release date and (potentially ) new size, today’s rumor focuses on the iPhone 5 (or whatever it will be called).

As BGR reports, the next-generation iPhone will be “completely redesigned” and released in fall 2012.

For starters, we can now confidently say that Apple’s next iPhone will launch in the fall next year, around the same time that this year’s iPhone 4S launched. Apple is planning to use a rubber or plastic material — similar to the material used in the company’s bumper cases — that will be built into the new iPhone case. In all likelihood, this material will be used as a bezel surrounding the front edge of the phone (like the iPhone 3GS bezel) and it will serve two purposes. First, it will join the glass iPhone face with a new aluminum back plate. It will also cover a redesigned antenna system that surrounds the device, allowing Apple to build the rear case out of aluminum without having to use a large plastic insert above the antennas as the company does on its iPad 2 Wi-Fi + 3G.

All of BGR’s information was acquired from a “close source.” The fall release date makes sense, as Apple has released one new iPhone a year since it’s launch (typically in the summer). The iPhone 4S was the first iPhone to launch after summer, so releasing the next iPhone in fall would keep things cyclic for Apple. Changing the back of the iPhone from glass to aluminum wouldn’t be much of a surprise, either. This change would give the iPhone a similar form factor to the iPod touch and iPad.

Of course, rumors are rumors and you shouldn’t believe anything until Apple makes an official announcement or one of their employees leaves a prototype in a bar.

Would you like to see a redesigned iPhone? Be sure to let us know in the comments!