As the summer is nearing, rumors about Apple's next generation iPhone has been circulating the internet as expected. Right now, it looks like they plan to release the iPhone 6 sometime late summer or early fall. Analysts believe that they will begin ordering significant components during July, which will give them 2-3 months to have the phone ready in September or October. Other factors that support this timeline are supply chain checks. Many of the early iPhones were released in June or August but the past few years have been favoring later releases for various reasons. As of today, Apple shares are trading 1% higher than previously.