Business Insider points to an analyst note that we’ve been expecting for a while now. Jefferies analyst Peter Misek says the fifth generation iPhone is called the iPhone 4S, as we told you weeks ago, sports the A5 dual-core processor from the iPad 2, and works on HSPA + networks – which we have also been hearing some chatter about lately.

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.

The iPhone 4S is rumored to launch in September and is said to feature T-Mobile, Sprint, and China Mobile compatibility. BGR posted photos of a T-Mobile iPhone in testing, that we quickly learned is actually the iPhone 4S with an A5 chip inside.

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