02:38 PM EDT, 05/17/2024 (MT Newswires) -- Apple ( AAPL ) is developing a new thinner version of the iPhone that will be available for launch in 2025 at the earliest, The Information reported Friday, citing people with direct knowledge of the project.

The company is expected to release the thinner iPhone alongside the launch of iPhone 17, which is slated for September 2025, the sources reportedly said.

The new version may cost more than Apple's ( AAPL ) iPhone Pro Max, according to the report.

Apple ( AAPL ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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