Apple reportedly prepping 4.8-inch iPhone for June debut

Among the less believable Apple (AAPL) rumors that have emerged from the Far East in recent weeks is a report suggesting Apple is preparing to launch a “phablet” this summer to compete with large-screened Android smartphones. China Times issued the claims on Monday, suggesting that a third new iPhone handset will launch in 2013 aside from the “iPhone 5S” and Apple’s new cheaper iPhone. The publication called this upcoming device the “iPhone Math,” and said it may launch in June with a 4.8-inch display. China Times added that the iPhone 5S will debut ahead of the holidays with a 12-megapixel camera, while the new less-expensive iPhone model and the new iPhone phablet will launch this summer.