Right now, Apple sells three generations of iPhone. The iPhone 5 is the high-end phone, starting at $199 on contract. The iPhone 4S is the mid-tier device, and costs $99 on contract. Finally, there’s the iPhone 4, which is free on contract.
Come September 10th, though, Apple’s going to change things up with the colorful iPhone 5C, a device that Cupertino has designed from the ground up to be a modern budget iPhone (rather than just a hand-me-down iPhone a couple generations old). So the iPhone 5S will take the high-tier, and the iPhone 5C will take the lower-tier.
What about the mid-tier, though? Evidence suggests it’ll be the iPhone 5.