That's the view of Piper Jaffray analyst Gene Munster, as reported in a this week.
Bloomberg pulled the information from Munster's latest investors note, where he says the October date is likely, and that the phone will have a new body design and run on LTE networks. According to Bloomberg, Munster had earlier expected iPhone 5 to be released in August 2012.
IPHONE 5 MOCKUPS:
IPAD 4 RUMOR ROLLUP: