Engadget claims to have some legit information about the iPad 2 and iPhone 5 due something this year. According to their sources:
From what we've been told, the thinner, sleeker tablet will sport a new screen technology that is akin to (though not the same as) the iPhone 4's Retina Display and will be "super high resolution" (unlike reports to the contrary). The device will remain at 10 inches but will now feature both front and rear cameras (not a huge surprise), and... there's an SD slot. That's right -- our sources say with near certainty that the device will have a dedicated SD slot built in (with no traditional USB slot).
But all of these moves are leading up to the iPhone 5 -- a completely redesigned handset -- which our sources say is on track for a summer launch. Right now, the device is being tested discreetly by senior staff at Apple (strictly on campus only). We don't have much info on the phone at this point, but our understanding is that the new device will be a total rethink from a design standpoint and will be running atop Apple's new A5 CPU (a Cortex A9-based, multi-core chip).
Pretty exciting stuff indeed. If we keep in line with Apple's regular releases of a new iPhone in June every year and possibly a new iPad every April, we should all know the truth in half a year's time.