4-Inch iPhone 5, Arriving in March 2012?

Steve Jobs personally blocked the unveiling of a redesigned iPhone 5 earlier this year because he felt the handset was not ready for release; however, his successors have reassessed the situation and are ready to launch the phone far sooner than many anticipate, according to a report by The Daily Mail.

Apparently, 'sources within Apple' revealed that Jobs was opposed to launching the larger-screen iPhone in 2011, but now the company is moving quickly ahead with a radically redrawn iPhone 5 with a 4-inch display, that may be released as early as March.

Japanese technology site Makotakara, reported last week that Sony and Hitachi have already shipped early prototypes of four-inch displays for the iPhone 5 to Apple.

Tech website iLounge, which has been dependable in the past, cites it's 'most reliable source', who suggests that the new iPhone will 'have a 4-inch display and will be 8 mm longer than before, with a metal casing (probably aluminum).'

The source also said that the next-generation iPhone will 'not look like the teardrop-shaped version that was widely rumored for release in 2011.'

One of the main considerations in redesigning the iPhone will be how to incorporate 4G LTE, which Apple is said to be planning, without causing excessive battery drain.