Reuters reports that the next generation iPhone will start production in July and likely shipping in September.
Apple Inc suppliers will begin production of its next-generation iPhone in July this year, with the finished product likely to begin shipping in September, three people familiar with the matter said on Wednesday.
Reuters cites three people "familiar with the matter". The brief news article also claims that the new iPhone will have a faster processor but "will look largely similar to the current iPhone 4". No other details are provided, but the timeline is in line with recent rumors about the iPhone 5.
The faster processor will likely be the Dual-Core A5 processor that was introduced alongside the iPad.