A Taiwanese newspaper reported Wednesday that Apple had already ordered 12 million iPhones from contract manufacturer Hon Hai Precision Industry. Apple plans to launch the music-playing device in the first half of next year, the Commercial Times newspaper reported, without identifying its sources.Component makers are not confirming the news, however.Tripod Technology, a big maker of circuit boards for cell phones and other devices, declined to comment Thursday on what it called customer-related issues, citing nondisclosure agreements. Hon Hai Precision, which makes Apple’s iPod music player, also declined to comment for the same reason.Investment bankers have been quick to jump on the iPhone idea. Bear Stearns analyst Andy Neff believes the iPhone could ring in US$6 billion in new sales for Apple. He based the large revenue figure on the assumption Apple would ship 29 million iPhones next year, and said the iPhone would steal some users from the iPod, reducing its sales. Apple could not immediately be reached to comment on the latest rumors. The company has yet to confirm any plans for an iPhone. Analysts believe an iPhone would be a great move for Apple since it would fend off competition from mobile phone makers, which are putting music playing functions in handsets in a bid to take market share from the popular iPod.Earlier this summer, Hon Hai was the focus of allegations that it mistreated workers at a factory in China that produces iPods. Apple investigated the claims and largely exonerated the company, despite a few minor violations of its supplier code of conduct.-Dan Nystedt, IDG News Service (Taipei Bureau)Related Link: Apple ‘iPhone’ to Hit Stores in January?Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content BrandPost How Infosys and Tennis Australia are harnessing technology for good By Veronica Lew Mar 26, 2023 6 mins Infosys BrandPost Retail innovation playbook: Fast, economical transformation on Microsoft Cloud For retailers, tight integration of data and systems is the antidote to a challenging economy. By Tata Consultancy Services Mar 24, 2023 3 mins Retail Industry Digital Transformation BrandPost How retailers are empowering business transformation with TCS and Microsoft Cloud AI-powered omnichannel integration and a strong, secure digital core lets retailers innovate across four primary areas while staying compliant, maintaining security and preventing fraud. By Tata Consultancy Services Mar 24, 2023 4 mins Retail Industry Cloud Computing BrandPost How to Build ROI from Cloud Migration This whitepaper and webcast can help you calculate the ROI and create a business case for modernizing your legacy applications to the Microsoft Cloud. By Tata Consultancy Services Mar 24, 2023 1 min Retail Industry Cloud Computing Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe