Rumour: Better camera in the next IPhone Version

Latest rumour floating around the world "Apple's release of next version of IPhone". It will be having a 3.2MP camera with 3.2MP CMOS sensor from omnivision. With this we expect the capabilities of camera to improve and utilised properly for the first time in IPhone. Another rumour linked with the IPhone camera is apple are in talk to include a 5 MP CMOS sensor. Apple has not officially advertised this feature nor they have declined the statements. Just days before,Apple announced its 3.0 software.Is apple planning to release the next IPhone? What would they call it? IPhone 4G ,5G?Any guesses ?