Apple’s sales estimates of the new iPhone is quite aggressive. It told us to prepare to help the company meet its goal of 25 million units by the end of the year,” said another person at one of Apple’s suppliers. “The initial production volume will be a few million units… we were told to ship the components to assembler Hon Hai in August.

Apple has been rumoured to reveal a new iPhone 5 this September during the annual music event. It is widely believed that new device will retain the original iPhone 4 design. Some claims suggest that manufcaterer Han Hoi/Foxconn is having trouble producing the iPhone units, particularly because it is “complicated and difficult to assemble.” Two of the people, however, cautioned that shipments of the new iPhone could be delayed if Hon Hai can’t improve its yield rate which has been impacted by the manufacturing process.

Apple has not revealed any date for any upcoming event as yet. The company will be releasing Mac OS X Lion later this month and then release iOS 5 this fall. It will be interesting to see if Apple announces the new iPhone 5 in September. Until then, stay tuned, we’ll keep you posted.

{via MacRumors}

Today, Patently Apple reported that Apple Inc. (AAPL) filed a patent application back in November of 2009 of what seems to be the sixth generation iPod Nano that was introduced last September. However, it’s interesting to see that the patent shows what appears to be a section under Settings for a camera as well as situation aware backgrounds. The patent is illustrated with what looks like the current iPod Nano, except it is displaying the same raindrop background that was introduced with iOS 4.

In other images provided within the patent application, it is clearly visible that the background moves with the iPod, clearly aware of which way it’s being turned or whether it is being held a specific way, possibly through the use of a rear-facing camera.

It is unclear whether Apple is looking to introduce this new technology in the seventh generation iPod Nano, or if it was part of an earlier design that was later scrapped. The annual September iPod refresh is only a few months away and Apple has yet to wow customers with a major change to the iPod Nano, especially after eliminating the click wheel and the camera. We’ll have to wait and see, until then, stick around, we’ll keep you updated.

Apple is holding a special music event today and we will be bringing you the All-in-One live feed of the keynote. Steve Jobs is widely expected to refresh the iPod lineup during the keynote event. There have been many evidences reported earlier which suggest that Apple will introduce the new iPod touch 4G with a front facing camera for FaceTime, retina display and Apple’s custom A4 processor.

A smaller device with touch controls often referred to as the iWatch might turn out to be iPod shuffle or nano with touch screen. We have been discussing live streaming services for iTunes and it would be interesting to see if Apple will discuss the any updates.

iOS 4.0 for iPad has been in works since a long time and the update might be made available today.

Check back soon for the live coverage.

07:00AM – Hawaii
10:00AM – Pacific
11:00AM – Mountain
12:00PM – Central
01:00PM – Eastern
06:00PM – London
07:00PM – Paris
09:00PM – Moscow
02:00AM – Tokyo (September 2nd)

You don’t need to refresh this page! Live updates will appear below: