Apple may have plans of producing the next generation of  iPhone in three colors, including pink, blue, yellow, black/slate, and white/silver.  This report comes from Brian White, an analyst for Topeka Capital Markets. He also predicts the new iPhone 5S will come in a variety of screen sizes.

iphone 5s

White told BGR, “we believe this is about to change with the next iPhone offering different screen sizes that we believe will allow Apple Inc. (NASDAQ:AAPL) to better bifurcate the market and expand its reach.”

He even added that smaller screened phones could pave the way for more budget-friendly models, a market that Apple has yet to tap into.

White’s predictions are similar to last month’s predictions from Jefferies analyst Peter Misek, who claimed the next iPhone release could be   as early as June. Misek also predicts the iPhone 5S in a variety of six colors.

It hasn’t been six months since the highly anticipated iPhone 5 was released, and now there are already speculations of  what the next generation Apple smartphone will bring.

According to This Next Web, Apple Inc. (NASDAQ:AAPL) may release a full upgrade with the iPhone 6 instead. Their sources report that the Cupertino company has been working on iOS 7 since 2012 and they’re gearing up for their first public release.

A recent report may further prove that Apple’s next generation the iPhone may be well on it’s way. This comes from a developer that claims Apple is currently working on hardware for ‘iPhone 6,1’. They also mentioned that it was powered by a device that runs iOS 7. Some are speculating the next phone will feature an A6 dual- core processor, 1GB RAM, eight mega-pixel camera, and front-facing high definition camera with FaceTime.

Apple Inc. (NASDAQ:AAPL) has yet to confirm any rumors, although it’s likely they may release the next iPhone a little bit earlier than they did last year.