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It is that time of the year again when deciding to upgrade your iPhone becomes a critical decision. With Apple introducing two new models later this year, getting a new iPhone now with a new model becoming available two months later is not ideal. Whether you qualify for an upgrade now, in two months or even 4 months, we take you through all the various options that will assist you in making the right decision based on your needs, and preferences. Here’s your iPhone 2014 Upgrade Guide:

What we know

iPhone 6 concept models

iPhone 6 concept models

Apple is releasing two different models of the new iPhone 6 this year. Both of them will have a new shape and design, and most likely be bigger in screen size. The one model will be slightly bigger than the iPhone 5S, and the second model even bigger.

Both models will definitely get a bump in specs. Expect faster processor, better camera, and a general bump in internal specifications.

Expected release dates will be any time from August to September. Bear in mind that if you are not in the United States you may need to add an additional two months until your own countries distributor have the new iPhone 6 available.

I want to, and can upgrade now, should I?

If you can upgrade now, then consider to following options before you make a decision:

1. I own an iPhone 4S or older

If you are still rolling with the older iPhone model, then you definitely need to upgrade. The question is whether you can wait for the new iPhone 6 or not. If you can hold on until late August or September then your patience will reward you with the new iPhone 6. If you cannot wait then you will need to settle for the current latest model which is the iPhone 5S.

Once gain, remember that even though the new iPhone 6 may be released in August or September, availability on your country may only be 2 to 3 months later.

2. I own an iPhone 5S

If you are rolling with the latest iPhone model, and you qualify for an upgrade, then your options are basically the same as the iPhone 4S or older owners. The question is whether you can wait for the new iPhone 6 or not. If you can hold on until late August or September then your patience will reward you with the new iPhone 6. If you cannot wait then you will need to settle for the current latest model which is the iPhone 5S.

Once gain, remember that even though the new iPhone 6 may be released in August or September, availability on your country may only be 2 to 3 months later.

There are rumours that Apple wont release both the new models of the iPhone 6 on the same date. We find this very hard to believe. If they only release the one model come August/September, everyone will wait until the make the purchase until they know what the second model looks like.

iPhone 6 prototype

iPhone 6 prototype

Waiting is winning

Apple also launched a upgrade incentive event last week where they give you cash for an upgrade to an iPhone 5S. This further supports the fact that they want people to get the iPhone 5 before they release the new iPhone 6. do not fall victim to this ploy, they know that you are going to want to get the iPhone 6, so if you have the patience, wait a bit longer and strut along with your iPhone 4 until September.

If you can’t wait and don’t really care much for the new iPhone 6, take advantage of the trade-in policy and get yourself the iPhone 5S now!