The long-awaited next generation iPhone will enter mass production by the end of this month, according to Jefferies analyst Peter Misek. The report from the popular analyst also claims that Apple has already started the production of its budget iPhone and predicts the price to be in the $300-$400 range.
Peter Misek believes that Apple is going to order about 50-55 million iPhones for the fourth quarter out of which, 5 million will be iPhone 4S, 20 million budget iPhones and up to 25 million of its upcoming flagship smartphone.
Lastly, Peter Misek expects Apple to announce its iPhone 5S in late September or in early October.
Peter Misek believes that Apple is going to order about 50-55 million iPhones for the fourth quarter out of which, 5 million will be iPhone 4S, 20 million budget iPhones and up to 25 million of its upcoming flagship smartphone.
Lastly, Peter Misek expects Apple to announce its iPhone 5S in late September or in early October.
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