iPhone 5 and iPad 2 No Need Home Button?

Rumors circulating over the net that the upcoming Apple iPhone 5 and iPad 2 have no need for Home Button? According to different tech site news, Apple has already employees testing buttonless iPads and iPhones. Is that true?

Actually there was unconfirmed reports that currently circulating on the web that the release of iOS 4.3 has given some clues on what to expect on the upcoming Apple devices. Instead of tapping the button, a new multi-touch gesture will be used to navigate to the home screen.

Image Credit: BGR.com

According to 9to5mac.com there are some things to consider:

1. What about people without all of their fingers?
2. How do you do a hard reset without a home button?
3. The physical home button is still functioning when the touch panel interface crashes. Soft buttons and gestures crash here too.
4. There are too many reasons to need a home button for us to believe this. Maybe the home button moves to the bottom?

Meanwhile, there are some unconfirmed reports said that the iPad 2 is set to be launched in the first quarter of 2011 while the iPhone 5 is likely to follow by June.