A new iPhone may be on track to arrive this summer

Gigaom

Apple(s AAPL) is reportedly planning to start production on the next generation of the iPhone sometime in the second quarter of 2013, according to a report in the Wall Street Journal. That means production could start anytime from today through the end of June. Apple has made a new iPhone every year since 2007, so the start of production of a new model isn’t a surprise. However, the timing would suggest a launch of the latest iPhone some time this summer — less than a year after the iPhone 5 arrived.

According to the report, Apple has two different phones in production, the follow-up to the iPhone 5 and the long-rumored low-cost iPhone:

At the same time, Apple continues to work with its manufacturing partners in Asia on a less expensive iPhone that could be launched as soon as the second half of this year, these people said…

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