New iPhone?

Apple has placed parts orders with key vendors for the next model of the popular smartphone.

They expect the new phone to roll out in the third quarter.

Some suppliers say the upgraded iPhone will be thinner and lighter than the iPhone 4.

They also say it will have an 8 megapixel camera.

Another vendor says it has been told to help meet a sales goal of 25 million units by the end of the year.

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