According to sources from Boy Genius Report, “the iPhone 5 does indeed exist and that it will launch as a 4G WiMAX device as a Sprint exclusive.” Whether or not that rumor is true will be known later today, but the WSJ reports that “Sprint is preparing to ‘bet the company’ on the iPhone, agreeing to purchase 30.5 million units over the next four years regardless of whether they are purchased by customers or not.” Click here to see what an iPhone Nano might look like. For those who missed the CG concept video, continue reading to watch.

[via MacRumors]