I designed the iPhone 5 model based on the previous versions of iPhone and iPod. While you compare 4 and 5, you can find the differences in size and icon arrangements.
To design this, I have taken the basic characteristics of iPhone 3 and iPhone 4. It’s just an idea that came to randomly in my mind. Actually Apple not yet released the iPhone 5 model.
I hope iPhone 5 might look like this and I have working on some other designs for iPhone 5, soon it will appear in my blog.