I'm not sure we're at that point yet but it will happen eventually. Once the iPhone gets a multi-core processor, much faster GPU, and 4G what else is really lef

I'm not sure we're at that point yet but it will happen eventually. Once the iPhone gets a multi-core processor, much faster GPU, and 4G what else is really left for a yearly update? I doubt we'll see an octo-core iPhone 6 with 4 cameras, 2K display and 5G radios in 2013. The possible delay for the iPhone 5 seems more about re-aligning the product release schedule. It doesn't really matter when the iPhone is released. Most people only buy a new phone with they are eligible for a subsidized upgrade. The iPad, and iPod Touch, are the items that need a big back-to-school/x-mas production push. It must be difficult (or at least expensive) for Apple to release the iPhone mid-year and 2 months later gear up for the iPad/iPod rush. I think we'll probably see the iPad 2 get an extended shelf life too. The rumors of an iPad release in September were probably correct they just got the year wrong -- it'll be 2012. The last piece of this is they may move to more frequent, but minor, OS updates. This has already started to happen with 4.x where each release brought some significant features. Perhaps all the bundled apps will be updated through the App Store instead of OS updates as part of this.