While Apple fanboys are holding their breath in anticipation for the October launch of the next generation iPhone, the latest report can make their waiting period briefer as sources indicate that the iPhone will be launched as early as September. And, that's not all! The phone will be accompanied by Apple's completely new gadget, "iPad Mini".

Topeka Capital Markets analyst Brian White, who has a tremendous track record in terms of predicting of unannounced Apple products, on Monday informed its client about a September launch of iPhone.

"Regarding the widely anticipated iPhone 5, we believe a September launch is more likely than October, while we also believe this will be coupled with the 'iPad Mini' unveiling that we were the first to uncover last Autumn," wrote White, who "is in Taipei this week, meeting with local contacts in the supply chain, and attending the 2012 Computex Show," reported AppleInsider.

Earlier, Piper Jaffray's Gene Munster, citing contacts from Apple's supply chain as his source, announced that the next iPhone will be released in October.

Now White claims that, "We also gathered more data points to support our thesis of a unibody, aluminum casing that we believe will be manufactured by Hon Hai Precision and potentially another company. However, our contact was skeptical around the plethora of news stories highlighting Liquidmetal Technologies' potential involvement in the iPhone 5."

In April, TechnoBuffalo, citing John Gruber of Daring Fireball, reported that Apple is not only planning to produce a smaller version of iPad, but has also started the production of a 7.85-inch iPad in its labs. While Gruber anticipated the launch of iPad mini might take place during Worldwide Developers Conference that is taking place on June 11, White's new prediction is pushing the release date of iPad mini further down in Spetember.

Apple's "iPad mini" is expected to be a 7.85-inch device with a price tag between $200 and $250.