“Despite persistent speculation that Apple Inc. will roll out a low-end iPhone 4S on Oct. 4 along with the iPhone 5, Wedge Partners analyst Brian Blair isn’t buying it,” The Business Journal reports. “‘We don’t expect a second, dramatically different iPhone to accompany (the iPhone 5) as we don’t think Apple needs to have three models in the market to address the high end, mid-tier and low end since the iPhone 4 (with memory lowered to 8 GB) will drop to $99 and effectively attack those markets,’ Blair wrote in a note to clients.”
The Business Journal reports, “The focus on Oct. 4 will be on the new iOS 5 mobile operating system, a faster A5 processor and a higher resolution 8 MP camera, Blair said. He rates the chance of a larger 4-inch screen as small, but possible. ‘We believe the casing will be largely similar to the iPhone with some particular modifications to the antennae,’ he wrote.”
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