It looks like Ming-Chi Kuo was right. The KGI Securities analyst predicted, as did a few others, that Apple would be discontinuing the 5 alongside the launch of the iPhone 5s and 5c today. And they did.
It seems that the iPhone 5c, which starts at $99 on contract, has completely replaced the 5, and Apple will cease selling it after this month. Oddly enough, however the company is keeping the iPhone 4S around…
The 4S will be priced similar to the way the current is now: free on contract. It’s odd that Apple chose to keep a 30-pin, 3.5-inch display device around, but perhaps the margins weren’t high enough on the 5 to get rid of it.
Note that the 4S model is of the 8GB variety, which is kind of low, but the device is still a steal at $0. It has an 8MP camera, a formidable A5 processor, and will come with solid software features thanks to iOS 7—including an improved Siri.
What do you think of Apple’s move to drop the iPhone 5 and keep the 4S around? Smart/not-so-smart?