Apple may launch the next generation of iPads in April and the successor of iPhone 5 in August, according to a report by iMore.

Sources familiar with the company's plans told the tech site, iMore that the iPhone 5S will feature the same basic design as its predecessor, but will sport a more advanced processor and improved camera.

"An April-ish launch is getting serious consideration for the next-generation iPads, but we're really not sure what to make of that," iMore said in the post. 

Some other sources have also speculated that Apple will release the next iPhone 5S in late summer. Notably, KGI Securities analysts Ming-Chi Kuo, claimed in a new research report Monday that Apple is expected to unveil the iPhone 5S and low-cost iPhone along with updated iOS 7 operating system in June.  

"We expect Apple will introduce its new iPhones and iOS7 in June, and start shipping the new iPhones (5S and low-cost model) in the FDD version in July. Both dates are earlier than last year's roadmap. We attribute this to: (1) an effort to avoid repeating the fatal mistake of last year of the delayed iPhone 5 launch, which gave competitors room to grab market share; and (2) the new iPhones this year are mainly designed on the basis of the current iPhone 5, which suggests development time could be reduced," said Kuo.

He predicted that both iPhone models (iPhone 5S and low-cost iPhone) will feature LET connectivity. He said that the iPhone 5S will feature a powerful A7 processor and better camera with smart flash; which will produce white or yellow light depending on the light condition and for security concern it has a fingerprint reader beneath the Home button.

He also stated that the low-cost iPhone will feature a hybrid casing (fibreglass and plastic) and will be available in variety of colors. 

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