Apple will most likely reveal its new iOS 7 and at least one new smartphone in the first half of September and release them by the second half. While some believe that Apple will release two new iPhones at the same time, it is more likely that Apple will stagger the release of its new devices. According to a reliable source in KGI Securities, Apple will in fact release two new iPhones by the end of the year. The iPhone 5 is getting cheaper and expect its price to continue to drop, especially if Apple decides to release the completely new iPhone 6 rather than the updated iPhone 5S.