Apple plans faster iPhone for September: report

Bangalore Wed Jun 22, 2011 8:58am EDT

The Apple logo shines inside of an Apple Store in New York July 19, 2010. REUTERS/Lucas Jackson

The Apple logo shines inside of an Apple Store in New York July 19, 2010.

Credit: Reuters/Lucas Jackson

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Bangalore (Reuters) - Apple Inc plans to launch a new iPhone with a faster chip for data processing and a more advanced camera in September, Bloomberg said in a report late Tuesday.

The new iPhone will include the A5 processor along with an 8-megapixel camera, the report said, quoting two people familiar with the plans.

Apple is also testing a new version of the iPad that has a higher resolution screen, the report said, adding a cheaper version of the iPhone aimed at developing countries is also in the works.

Apple shares fell to $323.85 in trading before the bell on Wednesday. They closed at $325.30 Tuesday on Nasdaq.

(Reporting by Bijoy Koyitty in Bangalore; Editing by Gopakumar Warrier)

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Comments (4)
Dahc wrote:
Who cares?? We have bigger things going on right now. People out of work, can hardly pay bills or put food on the table. Bad economy which seems to be only getting worse. Inflation.

Jun 22, 2011 8:37am EDT  --  Report as abuse
Majick1 wrote:
Are Apple fans really THAT stupid? Apple releases the “latest and greatest” but it still can’t compete with other equipment already on the market, yet the “Apple only” fans still buy outdated technology from China twice a year. Goes to show that even though our economy is in shambles, too many people still have more dollars than sense!

Jun 22, 2011 9:17am EDT  --  Report as abuse
SSC2 wrote:
@Dahc…everybody should care, if Apple doesn’t make these new products, people will only lose even more jobs. The way the American economy works is such, the people with money to afford luxury goods buy them and in turn support the livelihoods of those who can’t. You’re always going to have unemployment. Imagine if Apple could not compete anymore and fell through…that’s 35,000 jobs down the drain. Now it seems that you should care.

Jun 22, 2011 10:08am EDT  --  Report as abuse
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