iPhone 5 AND iPhone 4S Coming Soon By BB

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Apple did not show off a new iPhone as per usual at its latest Worldwide Developer's Conference; according to two analysts the famous tech company is waiting for September to do so.

Deutsche Bank analyst Chris Whitmore said Apple will release two iPhones in the fall - an iPhone 5 and the iPhone 4S. The result of the second phone will be an attempt of Apple's to reach the mid-range smartphone market. Typically, the company has only gone after high-end customers.

"With Nokia and RIMM struggling the time is right for Apple to aggressively penetrate the mid range smart-phone market (i.e. $300-500 category) to dramatically expand its [total addressable market] and market share," Whitmore said in a note.

Whitmore says the mid-range iPhone 4S would cost $349 and would come with a pre-paid voice plan that wou.......



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