I don't fully understand yet why everyone is calling the new iphone thats coming out this year the iphone 5. Apple appears to only change the name when the phone has completely been redesign both on the outside and the inside and I know the one thats coming out this year and most likely next year are gonna look pretty much like the iphone 4. I'm pretty sure the iphone 4 would run its course like the original iphone. (Iphone, 3G, 3GS) I'm thinking its the iphone 4 and this year and next year would be the (4g, then the 4GS) Not looking for an Iphone 5 till 2013 the earliest if apple releases the current gen of Iphones as they did the first gen which spanned 3 years.