J.P. Morgan analyst says iPhone 5 will be accompanied by an “iPhone 4-plus”

iPhone 5, iPhone 4S, no iPhone this year? To be honest if your head is spinning because of all the contradicting rumors and leaks and news, here’s one more you can add to the list. According to analyst Mark Moskowitz at J.P. Morgan, through the company’s proprietary search, it has been suggested that there will indeed be two new iPhones this year – the iPhone 5 and the iPhone 4-plus.

Based on his finding to investors, Apple’s iPhone 4-plus will be targeted at emerging markets such as China, although based on what he said about the iPhone 4-plus seeing minor improvements and a midranged price, we’re thinking that he could possibly be talking about the rumored iPhone 4S, although technically it could be called the iPhone 4-plus since neither names are official yet.

Interestingly he also commented that while there will be an iPhone 5, apart from the use of the A5 processor that is found in the iPad 2, along with a larger display and an increase to 1GB of RAM, the design will not be radically different from the iPhone 4, which seems to contradict all other rumors and reports. What do you make of this?