Gallery: iPhone 5 in all its glory

The current model has been designed to fit the iPhone 5, but the firm is working on versions for other phones.

The current model has been designed to fit the iPhone 5, but the firm is working on versions for other phones.

The iPhone 5 on display after its introduction during Apple's iPhone media event in San Francisco.

The iPhone 5 launched last September was the first to veer away from the Apple phone's 3.5-inch screen.

The move, if confirmed, would tally with analysts saying that sales of the new iPhone 5, which was released in September, have not been as strong as anticipated.

Phil Schiller, Apple's senior vice president of worldwide marketing, talks about the features of the new camera and iSight during an introduction of the new iPhone 5.

Phil Schiller, Apple's senior vice president of worldwide marketing, talks about the features of the new camera and iSight during an introduction of the new iPhone 5.

File photo: Scott Forstall, Apple's senior vice president of iOS Software, shows features on the iPhone 5 during an Apple event.

Phil Schiller, Apple's senior vice president of worldwide marketing, speaks on stage about new connectivity features during an introduction of the new iPhone 5.