WSJ: ‘Possible Summer Launch’ for New iPhone, Less Expensive Model Later This Year

The Wall Street Journal reports "people familiar with the device's production" as saying the next iPhone is on its way for "a possible summer launch."

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The Wall Street Journal reports “people familiar with the device’s production” as saying the next iPhone is on its way for “a possible summer launch.”

Apple released the first four generations of iPhones in the June-July timeframe, while the two most recent versions, the 4S and the 5, were released in October and September, respectively.

The Journal reports that the newest version will be “similar in size and shape” to the iPhone 5, but that Apple is also working on a less-expensive model with “a different casing from the higher-end iPhone” and a possible launch “as soon as the second half of this year.”

Apple to Begin iPhone Production in 2Q [WSJ.com]