Apple Tipped to Debut iPhone Phablet in May; iPhone 6 (aka Air) in September 2014
A woman tries the silver colored version of the new iPhone 5S after Apple Inc's media event in Cupertino, California September 10, 2013.Reuters

Cupertino-based technology giant Apple is reportedly planning to launch a new iPhone phablet range, in just a few months time.

Chinese daily Huanqiu, citing supply chain sources, has revealed that Apple intends to release a new iPhone phablet series with 5.0-inch plus display as early as May, and the next iteration of the iPhone - iPhone 6 - in September.

The new report is in line with the rumours swirling on the internet for past few months, which said Apple was working on two phones - one with 4.7-inch and the other with 5.7-inch display. Like in 2013 (iPhone 5S and iPhone 5C), this year also we might witness two new iPhones - a premium phablet and a regular upgraded iPhone model.

The website claims the devices may come with either the new generation 20 nm A8 chipset from TSMC (Taiwan Semiconductor Manufacturing Company) or with a new 20 nm A7 processor, depending on the availability. [Apple's 2013 devices - iPhone 5S, iPad Air and iPad Mini with retina display featured 28 nm 64-bit architecture A7 silicon chip manufactured by Samsung]

Just a few days ago, South Korean media house ET News claimed the iPhone 6 will measure just 6 mm thick (for comparison sake, iPhone 5S is 7.6 mm thick) and hence will debut with an appendage 'Air' instead of the numerical '6'. Apple used this same tentative 'Air' moniker for Apple's fifth generation iPad for its slim and light body features.

If we go by Apple's product launch history, we might also see the new iPhone packing an improved Touch ID finger-print based biometric technology, tough display (based on Sapphire crystal) and enhanced iSight camera. (Apple recently acquired Australian-based camera technology startup company Snappy Labs) with improved 'Burst mode' feature, capable of taking high resolution photos at 20-30 frames per second.