iPhone 5 and iPad Mini Should Be Available This September

StaffIT Management

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iPhone 5 and iPad nerds, get your wallets and bank accounts ready. According to Plugged-in KGI analyst Ming-Chi Kuo, an individual who is no stranger to Apple rumors, both the iPhone 5 and the smaller incarnation of the iPad should be available to consumers this September. Hopefully you'll have enough scratch left in your bank account following all of your glamorous summer vacations to afford two new gadgets from a company that excels at making gadgets.

"iPhone 5 to debut in September,” Ming-Chi wrote in a letter to clients. “But due to in-cell touch panel and casing yield rate limits, ability to offset older models’ shipments decrease will be moderate. Though shipments of iPad mini’s components will start in August, the new iPad line will end production, ready for transition to a modified New iPad line. As such, component shipments will drop in August as iPad mini’s components shipments growth will be offset."

Unfortunately, a concrete date for the release has not been officially issued, though rumor has it the new iPhone will hit shelves on September 21st. Regardless, news that the iPhone 5 is (finally) coming down the proverbial pipeline later this year is sure to cause Apple geeks to salivate in anticipation. I know several people who will no doubt line up extra early to get their hands on the latest offering from their technological Lord and Savior. Do keep in mind, however, that release dates are always subject to change. Now it's September, tomorrow it could be October.

The iPad mini, which features a thin 7.85-inch display, will set you back between $249 and $299. As far as the iPhone 5 is concerned, a price has not been quoted, though I'm sure it's going to be a little on the expensive side. They generally are.

During a recent earnings call, Apple CEO Tim Cook and CFO Peter Oppenheimer said speculation surrounding the iPhone 5 has resulted in a decline in sales. Since the latest version of the popular smartphone is just around the corner, most people are waiting for its release before investing in a new device.

Care to read some Twitter posts from folks who are freaking out about the iPhone 5's September release date? If so, you're in luck. Take a moment to peruse some of the reactions below. As you can tell, a lot of people are pretty jazzed about getting their hands on one.