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iPhone 5 to Begin Shipping in September Say Sources

The new Apple iPhone 5 is expected to begin shipping to buyers in September says spokespeople from Apple’s supply chain.

The phone is beginning production in July or August and it’s expected to look similar to the iPhone 4, but have a faster processor.

The original iPhone came out in 2007 and was then, and remains today, the standard by which all other smart phones are measured. The Apple sources also say that the iPhone 4 is set to be refreshed later on this year. The iPhone 4 was launched by Apple last June and started shipping that same time.

With more than 16 million sold just in the last quarter of 2010, the iPhone is one of Apple’s most successful products and accounts for over a third of Apple’s sales that quarter.

Apple sources added that the Taiwan-based companies that supply their components also have benefitted from iPhone sales and that some rely on Apply for between 20 and 40 percent of their business. The ones that put the phones together are the ones expected to benefit the most.

Some of these supplies include camera module maker Largan Precision Co Ltd, touchscreen panel maker Wintek Corp and case maker Foxconn Technology Co Ltd, according to the Apple sources. The assembly company expected to start putting the new phone together this summer is Hon Hai Precision Industry Co Ltd, flagship of Foxconn Technology Group.

This week, Largan’s Taipei-listed shares were up 3.7 percent, and shares from Hon Hai went up 4.3 percent and Foxconn went up 6.6 percent, which outpaced the benchmark TAIEX share index’s 2 percent advance.

Apple, buys lots of  touchscreen displays and flash memory, and is dependent on Japan for a portion of their key components, which is raising concerns on whether or not disruptions in the service lines will hurt the company’s profits due tot eh recent earthquake and tsunami.

Apple is predicted to report another stunning quarter on Wednesday, balanced by rising concern on whether or not the supply constraints will pinch margins and hold down iPhone and iPad sales.