The Cheaper 8GB iPhone 4 will Arrive

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Is iPhone 5 Worth the Wait? Apple's tight-lipped approach towards iPhone 5 release has fueled a barrage of rumors related to the potential release date of iPhone 5 and specifications that will adorn the next rendition of iPhone 5. As the noise surrounding the release date of iPhone 5 gets louder and more confusing, the question that Is iPhone 5 Worth the Wait asking whether one should buy and Android superphone or wait for the eliusive iPhone 5. There is a another choice for you - cheaper 8GB iPhone 4.

Reuters has reported that some Apple suppliers are gearing up for the production of a reduced capacity iPhone 4 variant. Whilst there's a definite indication that some aspects of this story are true - despite Reuters being cagey about its sources - there's no confirmed comment on it from Apple. Given that the last few iPhone launches have seen the previous model released as an cheaper 8GB iPhone 4 and we're due a new iPhone towards the end of September, on the whole this seems credible, if entirely non-inspiring news (any bets on it retailing at the same price as the iPhone 3GS currently goes for now?).

Asian suppliers to Apple Inc have begun manufacturing a lower priced version of the hot-selling iPhone 4 with a cheaper 8GB iPhone 4, according to two people with knowledge of the matter.The flash drive for this cheaper iPhone 4 8G is being manufactured by a Korean company, a source said said on Tuesday, declining to name the company. Apple currently sources its flash drives from Japan's Toshiba and South Korea's Samsung Electronics.

The sources declined to be identified because the information has not yet been made public .Apple, demands high levels of secrecy and security from suppliers and employees, thus declined to comment. The existing iPhone 4 was first launched in June 2010 with iPhone 4 16 GB and iPhone 4 32 GB versions, with a white version added to the lineup in April. The 8 GB version is expected to launch within weeks, one of the sources said.

In addition to launch of the cheaper 8GB iPhone 4, Apple is targetting an end September launch for the next-generation iPhone 5, one source said, confirming earlier reports. The next-generation iPhone 5's largely identical appearance to the existing iPhone 4, will have a bigger touch screen, better antenna and an 8-megapixel camera, one of the people said.

The next-generation iPhone 5's two manufacturers have been told to prepare production capacity for up to 45 million units altogether, the source said. The next-generation iPhone 5 or the cheaper 8GB iPhone 4, up to you!