It sure looks like Apple will produce a spec bump 5s this fall. I am wondering how it will be received by various sectors. I think the stock will take a big hit because it shows that Apple is either too imperious to adjust to market conditions or is just not nimble enough to get its products to the market fast. I fully believe very few Iphone 5 owners will upgrade to a spec bump phone. In emerging markets, like China, it will probably be received very well. It certainly is hard to figure. It seems that a lot of people are looking for a slightly larger phone. I hope Apple moves in that direction a little quicker.