Even though Apple’s iPhone 5 apparently isn’t doing too well these days due to a rumor circulating yesterday on the company cutting its supply orders, it’s inevitable that they’re already in the process of working on the iPhone 5S. We reported last month analyst Peter Misek expected the iPhone 5S to launch in June 2013, and it looks like he’s back to predict a new timeframe of when to expect the iPhone 5S.

Misek still believes the new iPhone 5S will be unveiled in either June or July 2013, which he also expected the first iPhone 5S builds to start being manufactured in March. Misek also believes news of a new iPhone 5S being available may be the reason why demand for the iPhone 5 has been dropping after the new year.

We can’t completely blame consumers for not wanting to pick up the iPhone 5 at this point since buying any new smartphone is a two-year dedication, depending on the mobile plan you pick up with it. If I had an iPhone 4S and knew the iPhone 5S was right around the corner, I’d wait too.

Filed in Cellphones >Rumors. Read more about Apple Inc, iPhone 4S, iPhone 5 and iPhone 5S. Source: streetinsider

Key SpecsiPhone 5siPhone 5iPhone 4s
Display Diagonal4"4"3.5"
Processor/Soc NameA7, 2-core, 1.3 GHzA6, 2-core, 1.3 GHzA5, 2-core, 1 GHz
Street Price (Approx)~ $460
Search low iPhone 5s price (Amazon)
~ $549
Search low iPhone 5 price (Amazon)
~ $190
Search low iPhone 4s price (Amazon)
Max. Total Storage Capacity64 GB64 GB64 GB
Megapixels8 MP8 MP8 MP
Battery Capacity (mAh)1560 mAh1440 mAh1432 mAh
Complete product dataApple iPhone 5s Full specs and detailsApple iPhone 5 Full specs and detailsApple iPhone 4s Full specs and details
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