Apple Inc. (NASDAQ:AAPL)’s less expensive iPhone has been rumored for quite some time, and recently we actually heard that it may be offered in more than just the black and white colors like previous models. Now one analyst seems to be corroborating that rumor.

Apple iPhone

The Latest Report On The Colorful iPhone

This new report about the multiple color offerings for the less expensive iPhone comes from Topeka Capital analyst Brian White. In a report issued to investors, he said that it will be available in five different colors and actually come out before the iPhone 5S. He expects to see the iPhone 5S in September, so that would put the low-cost iPhone out by late this summer.

More than one analyst has to this version of the iPhone as the iPhone Mini. According to White, he thinks four of the five colors Apple Inc. (NASDAQ:AAPL) will offer in the low-cost iPhone will be black, white, blue and pink.

If the low-cost iPhone does make an appearance, it will be Apple Inc. (NASDAQ:AAPL)’s attempt to address emerging markets. There has been plenty of speculation about what kind of price tag such a device would have. Some believe it’s more likely that it will be a mid-range device rather than one designed to compete with the ultra-cheap Android devices that are quite popular in emerging markets.

Possibilities For Apple’s iPhone 6

Of course White didn’t stay silent about his expectations for the iPhone 6. He predicts that we won’t see it until next year and that it will have a screen that’s larger than the iPhone 5’s current 4-inch screen.

Remember that recently Apple Inc. (NASDAQ:AAPL) CEO Tim Cook made some comments about why there has not yet been an iPhone with a larger screen. He said it was because they didn’t want to sacrifice quality for screen size, so that did leave it open for us to see a larger iPhone at some point, so pushing it off to next year isn’t much of a stretch.