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iPhone 5 ruled out until 2012, says analyst

iPhone 5 ruled out until 2012, says analyst

Apple won’t drop the next-gen iPhone until next year, a Wall Street analyst has claimed, seemingly dashing the hopes of smartfans who were hoping to upgrade in September.

The iPhone 5 had been expected to land back in June. However, after it failed to show and the WWDC event proved to be a software-only affair, speculation has been rife as to just when we can expect it.

Until now, [most leaks from Apple's supply chain] have pointed to September](http://top10.com/mobiles/news/2011/06/iphone_5_lower_end_iphone_4s_in_september/) with only a smattering indicating that it won’t be here until early 2012.

iPhone 5 placeholder

Alas, today the ‘next-year’ forecasts got a fresh veneer of credence after Keith Bachman, an analyst with BMO Capital Markets, claimed to have insider info that the refreshed phone is being delayed until "mid 2012".

And there was worse to come from Bachman when he rubbished paper talk that the iPhone 5 will be joined by a cheaper new model iPhone. According to a note he sent to investors, Apple will instead cut the price of the ageing 3GS, making the handset its de facto entry level model.

Source:

Barron's

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