Cupertino, Calif. — Apple could reportedly ship as many as 95 million iPhones in the third quarter of 2011, with 26 million of those being the new iPhone 5 due later this year.

Citing anonymous sources, Digitimes reported that Apple ordered additional units — up 13 percent for the second half of 2011 – based on information from Taiwan-based supply chain makers. Apple originally scheduled 50 million iPhone units for production, including the 3GS and 4 models. Digitimes said that after the giant witnessed an increased demand for its devices, Apple decided to up their total to 56 million units.

“iPhone 5 orders for the third quarter of 2011 have been lowered from seven million units to 5.5 to 6 million units, while fourth-quarter orders have been raised from 14 million units to more than 20 million units,” Digitimes wrote. “Total orders for iPhone 3GS, iPhone 4 and iPhone 4 CDMA for the third quarter exceed 20 million units, and fourth-quarter orders have been reduced to eight million units, the sources indicated.”

There are rumors that the iPhone 5 could be released in late September or October, with Japanese tech news site Kodawarisan among those reporting Apple’s plans to host an event Sept. 7 at which the company may or may not unveil the new smartphone. Others, like Jim Dalrymple’s Apple 2.0 blog, firmly deny such an event will happen.

As is the company’s standard practice, Apple declined to comment.

Related Links: (CNET) (MacRumors)