According to Avian Securities , a major supplier to Apple , iPhone 5 will enter full scale production in September later this year . This late production points at delayed iPhone 5 release which can be anytime in late 2011 or early 2012 .
Rumors suggest that the World Wide Developers Conference [WWDC 2011] which is scheduled on 6th June will feature only iOS 5 and new MAC OSX software and no new hardware announcement . Apple is also looking to manufacture a low priced edition of iPhone , nick named iPhone Nano .
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