iPhone 5 to Start Production in September

Research firm Avian Securities claims that Apple won’t start production of the iPhone 5 until September and that the next generation iPhone won't be released until the end of the year or even early next. Avian cites "key component suppliers" as the source of the information. They also revive the possibility of a cheaper or lower cost iPhone also in the works, but no new details.

Supporting out comments over the last month, conversations with yet another key component supplier indicates that production for iPhone-5 will begin in September. In addition, our conversations also indicate the existence of a lower-spec/lower-priced iPhone in Apple’s roadmap. However, while our contacts have seen the placeholder in the Apple roadmap, they do not yet have insight into specs or production timing. This leads us to believe that any launch is likely a very late 2011 or more likely a 2012 event.