iLounge has got a bag full of rumors talking about future Apple products. Among them we find a smaller iPad, a smaller iPod and the supposed launched date for the next iPhone. Apparently, a trusted source mentions that the iPhone 5 will debut in early 2011 and the new iPad will sport a 7 inch touch display.

This would make the Apple slate more pocketable and as far as the new iPhone is concerned, it’ll probably be a revamp of the iPhone 4 model, solving its antenna issues. Some say the iPhone 5 will be CDMA Verizon material, but we’re far from any confirmation, yet.

Also, the same rumor batch mentions that Apple is readying new (and cheaper) bumpers to hand out to the public.

[via Crunchgear]