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Previous report claims about the launch of iPhone 5 in 4th week of June 2011.

Now Business Insider reports that the production of iPhone 5 will start from September and not before that.Which means that fifth generation iPhone will be available by the end of this year or may be early next year.

Avian Securities,a “key component supplier” to Apple says -

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.”

We are already aware that iPhone 5 will have A5 Processor, larger screen with edge to edge display,similar to iPhone 4 and a slider with physical keyboard.

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