From a (cough) different (cough) Mac website: Sources have reportedly confirmed that there are indeed two new models of Apples iPhone on their way: one of which will be a cheaper version of the iPhone 4, and the other a fancy new iPhone 5. However, thanks to production delays with at least one assembler, the best one may not arrive until 2012. (another site) reports that in addition to that much-anticipated iPhone 5, Apple will be launching a cheaper model of the iPhone 4 as previously rumored. The device will look identical to the existing iPhone 4, but will be priced aggressively and offered on both prepaid and post-paid plans. Unfortunately, the report doesnt offer any other information on how this device is different to todays iPhone 4, but it does say the device is being produced in big numbers, with Apple hoping to have 10+ million of these things on hand for launch. But who cares about the iPhone 4? Its been here for 15 months already? What were interested in is the iPhone 5, but according to (the other site), there are concerns it will not arrive until 2012: It appears that the tear-drop shaped iPhone 5 with larger screen and thinner, rounder body is seeing continued design and production delays, at least on one assembly line (Apple has multiple production sources Pegatron, Foxconn, etc). We therefore think that iPhone 5 will be delayed slightly at the very least and may see shortages all the way into 2012. The iPhone 5 itself is a sight to behold, weve been told. It is impossibly light, yet much firmer than Samsung Galaxy phones which are backed in plastic. The camera rivals point and shoot cameras and will be a major marketing point for this device. An early 2012 launch will undoubtedly be a huge disappointment to the vast majority of our readers. Weve been drowned in rumors surrounding the iPhone 5 for most of this year, and were all dying to know what its going to look like, and whats its going to be capable of.