Are Two New iPhones On Their Way?

Apple (NASDAQ:AAPL) will announce the successor to its iPhone 5 as well as a low-cost version of its smartphone in one go in June, according to KGI Securities analyst Ming-Chi Kuo. The two devices will be out in the market by July, he added.

The supposed iPhone 5S will have a faster A7 processor, a Smart Flash technique for higher-quality photos, and a fingerprint security chip built with help from AuthenTec, which Apple acquired last year. The device may also have a larger battery than its predecessor, but will likely sport the same aluminum body, AppleInsider said. The cheaper iPhone, meanwhile, will be made out of fiberglass and plastic. Internally, it may retain the LTE radio chipset of the more expensive version. According to the analyst, while the low-cost device may still be more expensive than other mid-tier phones currently in the market, subsidies could cover its entire cost with a two-year contract.

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Both new phones would also, most likely, come equipped to be compatible with China Mobile’s (NYSE:CHL) TDD networks, although those models may not be available until September due to testing and network design processes. However, the devices were not likely to use Qualcomm’s (NASDAQ:QCOM) recently announced RF360 frontside RF chipset, which can provide support to all 2G, 3G, 4G LTE, and LTE Advanced technologies…

“[The] RF360’s customers are original equipment manufacturers who have no capability to design RF front end and PA by themselves,” Kuo told AppleInsider.

The analyst added that he expected the so-called iPhone 5S to sell 40 million units just in the second half of the year, while the low-cost device may move as many as 53 million units. Along with the company’s existing lineup, overall iPhone shipments may rise 83 percent from the first half of the year to reach a total of 110 million units.

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Broken down by quarter, the iPhone 5S could ship more than 14 million and 21.5 million units over the third and fourth quarters, respectively. The less expensive version may sell 19 million and 34 million units during the same two periods.

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