A lot of rumors and speculation have been stirred over the past months as to the iPhone 5‘s technology as well as its design. In fact, iPhone 5 has been hailed as the silent model of reference for any new mobile entrant in the market, that has arrived and yet to come. Such has been the power reigned by this much awaited next gen iPhone 5. But apart from the innumerable caveats spun on this next gen iPhone, nothing is certain as of today and that holds true of its identity.

However, all eyes are now firmly fixed on September 12, 2012, where some official announcement from Apple is said to be revealed pertaining to the iPhone. As of now, the latest news spinning out is as to how profitable it would be to dispose off your old iPhone, as it is said that the old iPhones will lose all its luster once the iPhone 5 enters the market arena. As such, it is estimated that your old iPhone will have no takers and probably will face a slash in value.  The history of all the past iPhones reiterate the fact suggested by most techies. All the Apple previous iPhone models have lost 15% and 25% of their resale value on occasion of every new launch. The resale value of old iPhones had experienced decline in value prior to last year’s iPhone 4S launch. That is why if one plans to sell the current iPhone without waiting till September, according to NextWorth, one can still get anywhere between $263 and $330 for the iPhone 4S 16 GB model. According to Glyde, current resale price estimates for an iPhone 4S between $380 for a 16 GB model, and $460 for the 64 GB version.

However, it is for you to decide as to what would be the fate of all the old iPhones circulating in the market today. The entry of iPhone 5 will certainly reveal the facts.

Stay tune with us for more details on iPhone 5 and don’t forget to like our Facebook Profile.