Apple iPhone 4 price cut hints at imminent iPhone 5 launch

Smartphone retailers drop the iPhone 4 price

The Apple iPhone 5 release date, supposedly set for September 2011, moves closer as US retailers prepare to drop the iPhone 4 price to make way for the fifth-generation Apple handset, according to reports

Smartphone retailers in the US are reportedly slashing the price of the current Apple iPhone 4 in an attempt to clear stocks ahead of the imminently expected iPhone 5 release date.

Tech blog Engadget has reported that “a pair of trusty tipsters” has revealed that both Radio Shack and Target in the US are to cut the iPhone 4 pricing in anticipation of the iPhone 5 arrival.

Whilst most recent iPhone 5 rumours have suggested the mooted handset is to land in September with a 1GHz dual-core processor and an 8-megapixel camera a report yesterday suggested the iPhone 5 release date will actually be in October. No iPhone 4 price drops have currently been reported for the UK.

Apple iPhone 5 video: Rumour update

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Via: Engadget

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