iPhone 5 With 4G LTE & 4″ Display Launching In December 2012, Production Begins In June

Analyst Brian White from Topeka Capital Market has shared some interesting information (via 9to5Mac) regarding the next iPhone a.k.a the iPhone 5, following his recent visits to China and Taiwan. According to the analyst, a slimmer new iPhone is set to launch in December 2012 which will sport a new 4″ display and include 4G LTE capabilities. White also suggested that iPhone 5 will go into production by June 2012.

Quoting from the source:

White set his price target based on an expected August or September unveiling of the product. He also claimed the launch “could be extraordinary” by dwarfing previous launches and driving the stock closer to our $1,001 price target.” According to the report, Apple is expected to start component production for the “iPhone 5? in June.

White also claimed sales of the new iPad could have been higher if not for a production issue with panel makers related to the new Retina display.

Despite the analyst’s claim that the new iPad sales could have been much higher, Apple sold over 3 million new iPads on its debut weekend alone!