While it hardly seems like any time has passed since the iPhone 4 came out, there are already rumors that Apple may be getting ready to release a new version of their highly popular product by September. Some speculate that the move may be meant to combat renewed competition from Android and BlackBerry devices.
Reuters reports that "people with direct knowledge of the company's supply chain" have said that production on the new iPhones will begin in the summer. This model will have a faster processor than its predecessor, but a similar look and feel. PCMag.com states that this fifth-generation product will have a better antenna, 8-megapixel rear camera and a Qualcomm baseband.
Analyst Ming-Chi Kuo has told sources that he believes one of the biggest upgrades to the model will be the iOs 5, which may support Flash technology. This could revolutionize the experience of browsing the web on a mobile device.
Details remain hazy, but USA Today speculates that a clearer image of the new iPhone may be announced at the Worldwide Developers Conference in San Francisco, which takes place in June. It was at this same event last year that Steve Jobs announced the iPhone 4.
There are some sources that downplay the imminent release of the iPhone 5. PCMag.com reports that Apple is in no hurry to push production of the new product, because iPhone 4 sales have remained strong and Japanese suppliers were heavily impacted by the tsunami. One Japanese blog even claims that Apple hasn't ordered the new parts for the iPhone 5, which indicates that the company may wait until Apple's fiscal year in 2012.
Either way, there is no doubt about the iPhone's popularity – more than 16 million were sold in the last quarter of 2010 alone.