Apple will not release an “iPhone mini,” a second prepaid model or even a redesigned iPhone 5 in September, BMO Capital analyst Keith Bachman claimed in a note to investors on Monday evening. Instead, the Cupertino-based tech giant will stay true to earlier rumors and simply issue a modest spec bump wrapped in the current iPhone 4 case. Earlier on Monday, Deutsche Bank analyst Chris Whitmore claimed that Apple would be unveiling two new iPhone models this coming September, a redesigned iPhone 5 and a second budget iPhone to attack the prepaid market. But Apple will do no such thing according to Bachman, and he lowered his forecast for the September quarter as a result. Bachman now sees Apple shipping 17 million iPhone handsets in the quarter rather than 18 million. He also says the iPhone 3GS will continue to be the low-end iPhone, suggesting that the bump from iPhone 4 to “iPhone 4S” won’t even be significant enough to warrant making the current iPhone 4 model Apple’s $99 offering.

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Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.