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Chris Whitmore who is an analyst at Deutsche Bank has released a report stating that Apple are due to release two iPhone versions this September. He has stated that a lower end model known as the iPhone 4S and a higher end model known as the iPhone 5 will be made available so that Apple can target customers with lower budgets.

Whitmore also went on to state that Apple may actually be trying to capitalize on struggling smartphone platfors such as Blackberry, Nokia and RIMM in a bid to win over a different range of customers.

The iPhone 5 is set to be the direct successor to the iPhone 4 with the iPhone 4S meeting the needs of the lower end customers. It is thought that the iPhone 4S will be a prepaid cell phone priced at $350 with plans that are similar to the ones found on the iPad today. This will allow users to pay for the data or calls that they require when they need them.

We really have no way of verifying what Whitmore is reporting and this is just more speculation to add to the speculation that we have already seen about Apple�s next generation iPhone.

Over the last few months we have seen numerous reports about the new iPhone so I guess we really will have to wait and see whether Apple do release two new iPhone models in September. What do you think of having a pre-pay iPhone? Would you be interested in purchasing a commitment free iPhone?

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