iPhone 4S

It's been quite some time since we've heard any new or interesting news about Apple's iPhone plans. The newest case design leak didn't offer any new info about the iPhone 5 that we didn't already know, and I'm getting bored of hearing about the larger home button. However, 9to5Mac did have some interesting news to spread about the rumored low-end iPhone, and some possible bad news about the iPhone 5.

According to 9to5, the new low-end iPhone 4 look-alike is flying off the production line, and Apple should be armed and ready with 10+ million for the holiday season. The iPhone 5 isn't as lucky, and is seeing continued design and production delays. 9to5 believes that the iPhone 4 clone will be in abundance while the iPhone 5 will see shortages until 2012.

As we get closer to a possible next-generation iPhone announcement, more and more pictures off the "N94" iPhone prototype are being leaked. The N94 was originally believed to be the iPhone 4S or possibly the rumored 8GB iPhone Reuters mentioned last week. Engadget posted some new pictures of the mysterious device on Monday.

Why rush the next-generation iPhone when older iPhone models are still selling well? On Monday, the research firm NPD revealed that the iPhone 3GS and iPhone 4 helped Apple increase its smartphone market share in Q2 of 2011. While Google's Android grabbed 52 percent of sales in the U.S., Apple still had two of the best selling phones so far this year. Proving there is no need to flood the market with new devices on a daily basis. However, the same report revealed that one in five new phones sold in Q2 were on a prepaid plan, and that the prepaid phone market is still emerging.

On Tuesday, Reuters dug the iPhone 4S out of its rumor grave, by claiming Apple is working on a new flash drive for a lower-priced 8GB iPhone 4 which will be released in a few weeks. While Apple fanboys and tech bloggers have their eyes glued to the iPhone 5, and the new rumored October 7 release date, does Apple plan on sneaking out their "affordable" iPhone in September?

Tech bloggers, analysts and all those unnamed secret sources seem to agree on one thing; Apple will embrace the mid-range/pre-paid mobile phone market this year. What they don't agree on is how they will do it. Will Apple follow tradition and discontinue the iPhone 3GS, or will they give it a new look and offer it at an affordable price? Some people believe that they preparing to launch two new models, the iPhone 5, and a cheaper device to attract people on a budget. Decreases in the iPhone 3GS supply chain seem to suggest that the device is on its way out. This could be a sign that Apple is clearing space for their rumored new models.

Several sources revealed to 9to5Mac that shipments of the iPhone 3Gs are rapidly decreasing in other countries and even the United States. A decrease in iPhone 3GS stock could be a sign that the device's days are numbered.

Another day, another iPhone rumor... BGR is sticking to their earlier report that a new iPhone will be released this August, but this time their unnamed source also revealed that Apple plans to offer a cheaper prepaid iPhone and their next generation device by the end of this summer.

According to Boy Genius Report, Apple will begin selling the iPhone 3GS for around $350 with no contract. Their "incredibly solid source" could not confirm the iPhone 5 with teardrop design that they announced back in June, but they did confirm that the next generation iPhone will be announced by "late August-ish."