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Friday, February 04, 2011, 10:35 am PT (01:35 pm ET)

Rumor: Apple to release iOS 4.3 on Feb. 14 at 10 am Pacific

A new rumor claims Apple plans to release the next major update for the iPhone and iPad, iOS 4.3, on Monday, Feb. 14, at 10 a.m. Pacific, 1 p.m. Eastern.

Citing a "reliable source," MacStories.net reported on Friday that Apple plans to release iOS 4.3, bringing AirPlay functionality to third-party applications and the new Personal Hotspot Wi-Fi tethering feature, in 10 days. Apple usually releases its iOS updates around 10 a.m. Pacific, 1 p.m. Eastern.

In the past, the website correctly predicted that Mac OS X 10.7 Lion would adopt various features and user interface elements from iOS, which powers the iPad and iPhone. But last November, the site also incorrectly reported that Apple would release iOS 4.3 in December with recurring application subscriptions.

Apple issued the first beta of iOS 4.3 to developers in mid-January. It introduced the new Personal Hotspot tethering feature for iPhone, as well as new multi-touch gestures on the iPad for quickly multitasking and accessing the home screen.

However, Apple later informed developers that the new multi-touch gestures in the iOS beta are just a preview for developers to test compatibility with their applications. The Cupertino, Calif., company indicated that the functionality will be included with a later update to iOS.

So far, Apple has released a total of three betas of iOS 4.3 to developers, with the most recent one issued this week. Other reports have speculated that iOS 4.3 could be released within two weeks.