Does the new IOS 7 its going to be a new Iphone or just an update?

Does the new IOS 7 its going to be a new Iphone or just an update?

The iPhone 5 in USA is $199 it's better to get it the yes they do update there soft where apple is thinking to make a newer iPhone

It is a new os that runs on ipod 5g+ or iphone 4s+

It's just an update that doesn't come out to the public until the fall, but you can install it early if you register your device's UDID on a site like InstantUDID.com. It's $5, and then you can try out the new OS before everyone else.

There will no doubt be a new iPhone as Apple is trying to keep pace with Samsung. Possibly an iPhone 5s, but some sources say it will be a "new" iPhone 6 with a larger screen. The new iOS 7 will also be released for iPhone/iPads/iPods.

IOS 7 is just a software update coming to the iDevices in the Fall.

iOS 7 will be compatible with*:

iPhone 4, 4S, 5, 5S
iPod Touch 5th-Gen & iPod Touch 6th-Gen
iPad 2, iPad 3, iPad 4, iPad Mini