Happy with your recent purchase of an iPhone 5? You might not be later this summer, when experts expect an updated version to hit stores and make your new phone, like, basically obsolete already.

According to the plugged-in industry watchers at the Wall Street Journal, the refreshed iPhone probably won't be much more than bump up in processor specs (think iPhone 5s, rather than an iPhone 6). As with previous updates, expect last year's model to go on sale for half what the early adopters paid for it after waiting in line all afternoon a year ago. Aside from inducing buyer's remorse in recent customers, Apple's updated product line could also include a phone at a cheaper price point and one that comes in a variety of colors like their current iPod Touch line.

[WSJ]