When will there be the iPhone 5s? Or the next iphone release?

I want to get the 5 but not sure if a new iphone will come out soon so don't want to waste my money

It's out now

Hard to say because Apple keeps everything to themselves. The latest i heard a couple of days ago is a new iPad and new iPad mini around March.so, maybe a new iPhone also? Or late in the summer / early autumn.

There are reports of apple releasing an iphone 5s or perhaps Ipad 5 in March 2013

The 5S would likely come around September 2013.

The people stating that the next iPad coming out in March are just speculating & then wrongly speculating that the next iPhone would come then as well.

There will be a new iphone next year, most likely but it could be anytime between March and December.