We've heard a lot of rumors about the upcoming budget iPhone and after the leaked parts from last week we have another one allegedly showing the rear shell of the handset.

According to the case manufacturer Tactus, we are looking at the polycarbonate rear shell of the cheaper iPhone. Tactus reports that the handset will have a 3.5-inch retina display, 5-megapixel main camera, will be powered by an A5 processor and will be taller, thicker and wider than the iPhone 4/4S measuring 9mm in thickness, 120mm in height and around 62-65mm in width.

The device is expected to come in Black, White, Blue, Red and Yellow and will launch on October 15 and be priced at $300.
What do you say about this leak (rumor)?