A Taiwanese newspaper is reporting that Apple, Inc. is toying around with a new design for the iPhone 5, ditching the current design of the more square-mold look of the iPhone 4.  Specifically, a milled aluminum backing with the antenna integrated into the rear Apple logo is being considered for the iPhone 5.  The rumor even comes with the above mockup, courtesy of macotakara.jp.

You can bet that after the antenna disaster of the iPhone 4, Apple will do some major overhauling when it comes to the iPhone 5. The 5th generation should be out or announced in June.