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Well I changed my mind. I know i would be kicking myself for buying the 5 when the next iphone comes out. Its just three months away, i can wait and time flies.
 
I don't know if that is a good price in China but no way on earth I would ever pay $849 for an iPhone.

It's $849 for the factory unlocked 64GB iPhone 5 before tax in the US. ;)

$949 with AppleCare [Plus]; depending on state, but in NYC it's $1030 after taxes.

In China, it's actually CNY6888 which is $1123 at today's exchange rate (that's before AppleCare).
 
I'm waiting for the 5s. I have a jailbroken 4s, so I'm hoping its worth more when I go to sell it.
 
I have an iPhone 5 and my wife has the iPhone 4s. I just recently upgraded from the original iPhone 1, as released in 2007.

The faster CPU aside, IMHO, the 4s feels to be a higher quality phone than my 5. Also, my screen is a little longer, but the only thing that occupies that extra space is ads.

If I were in your shoes, I would go with a 4s or wait for the 5s.
 
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