More and more word is hitting the net waves concerning the next generation iPhone, the iPhone 5 and the most recent word is that Apple is gearing up for massive sales of the iPhone 5 and the Verizon iPhone 4.

According to an article over on Nexus404, by Chris Smith, word has it that Apple has placed orders for ten to twelve million Verizon CDMA iPhone units along with an initial order for ten million iPhone 5 units.

Apparently the word is also that Pegatron will suspend vacations and triple employee wages with a view to getting ahead with orders for the iPhone 5. Production is taking place in Pegatron’s Shanghai plans but will also use their Suzhou plant to help cope with the Apple orders.

So there you have it the latest rumour on the iPhone 5, which may or may not be true as Pegatron and Apple aren’t about to spill the beans with any offcial announcement, but if the iPhone 5 is coming in June then its fairly clear that suppliers would be working on the device.