Even though the next generation Apple smartphone, likely called the iPhone 5, doesn't even have a release date yet, that hasn't stopped creative designers from dreaming up concepts. Check out this latest commercial depicting an incredible vision for the iPhone 5.

Uploaded to YouTube by 17-year-old amateur designer Dakota Adney, this iPhone 5 concept features a transparent Retina display that shoes up on both sides of the device, a laser-projected keyboard, and sharper-than-ever graphics.

Adney's iPhone 5 concept raises the bar for Apple pretty far, imagining both new software and hardware that would revolutionize the smartphone. Unfortunately, it's unlikely that this teenager's dream will become a reality. Although tech experts expect the iPhone 5 to sport a bigger screen, a transparent screen is unlikely.

Apple has yet to release any sort of official statement regarding the iPhone 5 release date, but the new smartphone is expected to be released alongside iOS 6 (Apple's new smartphone software) with dramatic redesign and brand new features.

At the Worldwide Developers Conference (WWDC) 2012 earlier this week, Apple unveiled iOS 6, giving fans a glimpse of the iPhone 5's features.

Answering Calls

One of the best software changes is the way iOS 6 will give iPhone owners more options beyond "Answer" and "Decline." If you're too busy to answer the phone you will have the option to instantly respond with a list of preprogrammed text messages, including "I'll call you later" or "I'm on my way."

iPhone users too busy to respond to the call in real time can even set a reminder to return the call later. A "Do No Disturb" function will also give users the option to choose who they can recieve calls from at certain times of the day.

Apple Maps

Apple is replacing built-in Google Maps software with it's own application which they claim will feature easier step-by-step directions. The new app is vector-based to create detailed graphics and detailed texts even when the map is zoomed all the way in.

The new Apple Maps will also feature visual and spoken navigations, including not only turn-by-turn directions but also real-time traffic updates.

Better Siri

The iPhone electronic personal assistant is getting smarter and more useful. If you ask about sports it will show you live scores and stats. Siri can find restaurants and movie times and even update Facebook for you or turn your voice into Twitter messages.

Apple is also working with car manufacturers to create eyes-free Siri voice-control mode for safer driving.

Facebook Integration

The iOS 6 will make using Facebook with your iPhone easier than ever. Photos and video can be posted straight from the photo reel and your location can be posted straight from Maps.

Additionally, once logged into Facebook, all your events and birthdays will be synched with the iPhone.

Share Photos With Your Friends Through iCloud

iOS 6 will let users share photos with their friends though iCloud to any Mountain Lion Apple devices.

Updated FaceTime

New FaceTime lets you receive video calls through cellular networks and not just Wi-Fi. So now you can use WiFi whenever you want.

Handicapped Accessible

Guided Access with the iOS 6 will make the iPhone easier to use for people with vision, hearing, mobility and learning disabilities.

Mail Gets Redesigned

The Mail application has been redesigned to be more streamlined and easier to use.