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iPhone 5 Update – Production Starts in September with More Contract Free Phones

iphone5Avian Securities issued a note to investors on Monday in which it revealed the alleged plans for a September production start. The report said the latest information is “consistent” with other findings the organization has heard in recent months.

The information also supports a report from March, which claimed that Apple is not yet aligning part suppliers for the iPhone 5. That overseas report claimed that the fifth-generation iPhone wouldn’t debut until Apple’s 2012 fiscal year, which begins in late September.

In February, both Bloomberg and The Wall Street Journal reported that Apple is working on a smaller and cheaper iPhone that it could sell contract-free. But those reports were followed up by The New York Times, which claimed that Apple is in fact not working on a smaller iPhone. However, it did state that Apple has explored opportunities in developing a cheaper handset.