New iPod touch said to feature a 4-inch display, A5 chip

Hot on the heels of last night’s note from analyst Ming-Chi Kuo, comes a new report regarding the future of the iPod touch. If it holds true, the mp3 player could be getting quite the makeover this fall.

According to the new dispatch, the next-generation iPod touch will feature the same 4-inch display that the new iPhone is rumored to get, as well as an A5 processor and other internal upgrades…

Macotakara, a credible source for Apple information, reports:

“According to asian source, new iPod touch (5th generation) will have a 4 inch LCD which is the same size with coming iPhone 5.

CPU or other spec is considered to be the same with iPhone 4S, and has different back-case design, which will be not mirror polished but buffed aluminum one And it seems to be prepared black and white color model.”

The iPod touch line has gone largely unchanged during the past two years, so it wouldn’t surprise us to see the device get a significant upgrade this fall. And if you break down the report, none of the stuff that’s mentioned seems all that far-fetched.

For example, if Apple is expected to bump up the iPhone’s display from 3.5 to 4-inches, it would make sense from both a manufacturing standpoint, and a consistency standpoint, to do the same to the iPod. And Apple’s not going to throw the two-year old A4 processor in this thing, so the A5 chip from the iPhone 4S sounds like the obvious choice.

Put together, it seems like Apple could have a real winner on its hands. Especially if it’s able to keep the low-end model under that $200 price point. Apple is expected to unveil the new iPod touch, a new iPhone and a smaller iPad sometime this fall.

So, who wants one?