Daniel Amir, analyst with Lazard Capital Markets released reports that Apple is to begin production of the largest iPhone yet. The model housing 32GB of flash memory and a low-end 3G.

Amir discusses the development of the model however says that it may firstly be released in emerging markets of Brazil, Russia, India, and China, while the high-end version is expected to make its way to North America and Europe. Although having double the capacity, the model is expected to run on a 3G network, rather than on WiFi. The number of units looking to move Amir believes is 3.8 million to four million in the first quarter, while Wall Street is anticipating three million to 3.5 million units.

Noted in the report Amir says that “about 20 percent of all NAND capacity goes to Apple, and its impact on the NAND market should not be underestimated…NAND prices should move up further off the Apple orders. We believe that with the new iPhone design which could include 32GB NAND, Apple is setting the stage for another potentially big flash order starting in April. With the potential for 3 million units to be shipped in 2Q, we believe the magnitude of such an order could enable prices of NAND components to move up an additional 20 percent in the (first half) of 2Q.”

[via Silicon]