Add this one to your growing stack of iPhone 5 rumors: a supplier report indicates the phone won't start production until this September.
According to Business Insider, Avian Securities released a note to investors stating that a key component supplier for the iPhone will begin manufacturing the next gen iPhone in September, leading them to predict the phone itself won't hit stores till late 2011 or even more likely, early 2012.
The note also stated that the firm believes a lower price, lower spec iPhone may be put into production, though this is unconfirmed.
Read the full note below:
Supporting out comments over the last month, conversations with yet another key component supplier indicates that production for iPhone-5 will begin in September. This is consistent with Avian findings in the supply chain in recent months and we believe the consensus view is moving towards this scenario. 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. As a reminder, Avian has uncovered several data-points in recent months pointing to the existence of a lower-spec/lower-price iPhone. A lower-spec/lower-price iPhone has also been speculated in the press and gadget blogs, though we do not believe consensus currently discounts the existence of such a model.
See our full guide to the latest iPhone 5 rumors here.