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Report: New iPhone shipping out in Sept.

Apple’s next-generation iPhone will have a faster processor and will begin shipping in September, three people with direct knowledge of the company’s supply chain said.

Apple’s next-generation iPhone will have a faster processor and will begin shipping in September, three people with direct knowledge of the company’s supply chain said.

The production of the new iPhone will start in July/August, and the smartphone will look largely similar to the iPhone 4, according to a source.

The iPhone — introduced in 2007 with the touch-screen, on-demand application template now adopted by its rivals — remains the gold standard in the booming smartphone market.

Reports on the timeline of the new iPhone launch vary, though it is largely expected that Apple will likely refresh its iPhone 4 later this year. The sources declined to be identified because the plans for the new iPhone were not yet public.

The current iPhone 4 was launched by Apple Chief Executive Steve Jobs in June last year and began shipping the same month in 2010.

Apple sources many of its components from Taiwan-based suppliers, many of whom are expected to benefit from an uptick in sales as some of them rely on the U.S. company for about 20 to 40 percent of their business, said Vincent Chen, an analyst at Yuanta Securities.

AT&T survives

AT&T Inc. survived the loss of its exclusive U.S. rights to sell the Apple iPhone.

The No. 2 U.S. mobile service provider eked out a slight increase in subscribers in the first quarter, though some analysts said the growth came at too high a cost.

Its net addition of 62,000 contract customers in the quarter was much weaker than its fourth-quarter growth of 400,000 — but better than the loss of 83,000 customers expected, on average, by seven analysts polled by Reuters.

The decline reflected the Feb. 10 launch of the Verizon iPhone.

 
 
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