Morgan Stanley: Apple will start building multiple iPhone models in June

The rumors that Apple is preparing several different new iPhone models for release this fall gained more steam on Wednesday. Morgan Stanley analyst Katy Huberty said in a research note that Apple suppliers are planning to start building the new models in June and July. Per AppleInsider, Huberty reports that after meeting with multiple Apple component suppliers in Asia, she believes Apple will start manufacturing both a low-cost iPhone and the iPhone 5S over the summer for a likely release date in September. Huberty also says that carriers expect Apple to increase its iPhone shipments over the long haul not only with a low-cost iPhone in the fall but eventually also with a larger 5-inch model that would pit Apple against such noted phablet vendors as Samsung and LG.