Interesting on-line article from PCMag.com today which kicks off with a pretty definitive statement that puts a lot of rumors about when to expect the next iPhone -- "Apple won't be launching a fifth-generation iPhone or the "baby" iPhone it's supposedly developing for emerging markets until 2012, according to the latest buzz on Wall Street."
Further there is some substance to a rumor going around about a possible 'free' iPhone 3Gs and a low-cost pricing for the iPhone 4 model from Mike Abramsky of RBC who said he
"thinks" Apple will reduce the price of existing iPhones to convert more users instead. He thinks Apple will make a carrier-subsidized iPhone 3GS free, sell the iPhone 4 for $99, and if it launches, price the iPhone 5 at its usual entry point of $199/$299."
You can read the article here:No Apple iPhone 5 or 'Baby' iPhone Until 2012, Wall Street Says