Today, Apple made a sudden announcement that the ipod touch 5th gen line. Unlike in the past lower capacity models, the 16 GB 5 is also missing a few other features from the higher end model, like the back camera. Apple isnt releasing a 16 GB ipod touch 5, they are releasing a low cost ipod touch. With this, does it seem more likely that apple will release a low cost iphone? my prediction for iphone 5s vs low cost iPhone iphone 5s quad core a7 2GB ram quad core graphics 13 MP Camera w/ dual LED flash and 2.2 Aperature Stereo HD speakers-especially with TMO and ATT HD voice Same PPI ~326 PPI A few software exclusive features A new hardware feature only on iphone 5s ex fingerprint tech. nfc etc. Support for LTE advanced 1600 mAh 32 GB standard $199, 64 GB $299, 128 GB $399 Low cost iPhone higher clocked A5 chip 1GB Ram tri core graphics 8 mp camera w single led flash and 2.4 aperture stereo speakers a few software exclusive features of iphone 5s lower cost frame, like ipod touch 5 essentially, all internals of iphone 5 with a new body and better compatibility with ios 7 battery: 1600 mAh Definitely HSPA+ 42, possibly LTE price: 16 GB free on contract, free on TMO +$12 a month, $449 off contract.