On Monday, reports surfaced that Apple will begin production by the end of the month for its next flagship handset, the iPhone 5S. The news surfaced from a research note issued by Jefferies & Company analyst Peter Misek.
Misek’s notes align with an earlier report that Foxconn is currently hiring new workers to accommodate heavy iPhone orders from Apple. With Apple getting a jump on production, Misek estimates the company will have plenty of stock on hand for the iPhone 5S launch, with shipments in the September-quarter totaling between 25 million and 30 million units. Misek projects those numbers will increase drastically towards the holiday season jumping sharply to somewhere between 50 million and 55 million units.
The next iteration of iPhone is expected to offer a number of new features, including a more powerful processor, an upgraded camera, and possibly even a fingerprint scanner. Apple’s also purportedly tinkering with the device’s design, making major changes to the device’s internal design layout.
Misek believes that Apple will launch the iPhone 5S sometime between late September and early October, which would mark almost an entire year from the Apple’s last iPhone device launch.