Nick Bilton posted on NY Times that an iPhone 5 announcement is just weeks away. He wrote:

We’re just weeks away from the announcement of the new Apple iPhone 5, according to an Apple employee who asked not to be named because he was not allowed to speak publicly for the company.

Sneaky public relations tactics aside, an engineer familiar with the new iPhone said it would be fairly different from the iPhone 4 — including on the inside.

The new iPhone will come with an eight-megapixel camera, this person said, an upgrade from the five-megapixel camera in the iPhone 4. Earlier this year Howard Stringer, Sony’s chief executive, let it slip that the next iPhone would be updated with an eight-megapixel camera made by Sony. The Apple engineer also said the new phone would have a faster A5 dual-core processor.

It is rumored that Apple will announce the iPhone before the end of this month and start shipping the device by mid-October. And with this much chatter going around the web it looks like that iPhone 5 announcement will come sooner rather than later.