Apple Prepping Thinner, Lighter iPhone for Third Quarter

Apple has placed orders for key components used in a next-generation iPhone it is preparing to launch sometime in the third quarter, according to people familiar with the situation. Some suppliers of components to Apple say the new version of the iPhone is expected to be thinner and lighter than the iPhone 4 and sport an eight-megapixel camera. One person said the new iPhone will operate on Qualcomm Inc.’s wireless baseband chips.

“Apple’s sales estimates of the new iPhone is quite aggressive. It told us to prepare to help the company meet its goal of 25 million units by the end of the year,” said a person at one of Apple’s suppliers. “The initial production volume will be a few million units … we were told to ship the components to assembler Hon Hai in August.”

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