Apple will release a cheaper 8GB iPhone 4 in the coming weeks with new iPhone 5

A the heat begins to mount for the impending launch for the next big iOS device, reports are pinging to a cheaper 8GB iPhone 4 this september itself, that could also means an end September release for the the upcoming iPhone 5.

Reports are also mentioning that Apple has warned their manufacturers that the demand of 45 million iPhones need to be shipped when the lower price is announced.  The rumors of an early october launch are also shunted to show a end-september Launch of the iPhone 5