The next iteration of the Apple iPhone is expected to come to market some time this year. One recent rumor has the phone being introduced at a special event on June 20th with a launch taking place a few weeks later. A low-cost version of the Apple iPhone, said to be coming to emerging markets, is expected to launch in July according to the speculation. Last week, Topeka Capital Market analyst Brian White said that his meetings with a "tech-supply chain company" has led him to expect the next iteration of the iPhone to be offered with two screen size options.
source: iClarified via RedmondPie