iPhone 5 Launch Imminent? Apple Shifting Gears

Apple is preparing for the release of the next generation of iPhone, according to some analysts.

Sterne Agee analyst Shaw Wu says that supplier checks are indicating that Apple is cutting back on the production of the current generation iPhone, the iPhone 4S. According to a research note that was published earlier today, Apple iPhone production is down 20% to 25% from last quarter. Apple shipped over 35 million iPhones during the first quarter of this year, and was estimated to ship another 31 during the second quarter. But slowing production would indicate that only about 28 million will be produced. Apple is predicted to have about four to six weeks of existing inventory on hand, so they may be whittling that down.

The iPhone 5 (if it’s called that) has been highly anticipated for quite some time now. Many had hoped for an iPhone 5 last October, but Apple launched the iPhone 4S instead.

When might the iPhone 5 launch? There are some predictions that it will be announced at the World Wide Developer Conference, which opens June 11. Some are still sticking with that prediction, but most analysts now consider that too soon, considering that Apple is just now cutting back production of the iPhone 4. Fingers are now pointing to a launch, and at least an announcement of an upcoming launch, in the fall.

Make your launch predictions below – and include what the new name might be. Will it be an iPhone 5… or like the new iPad, just be called a new iPhone?

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Andria loves to shop and loves to save money when she's shopping! An avid couponer and bargain hunter, Andria regularly cuts her grocery bill in half through purposeful coupon management. She shares her love of shopping, fun, and entertainment, here at News For Shoppers.