Wait for the iPhone 5s or 6 or take my upgrade to the iPhone 5?

I have already pre-ordered my iPhone 5, but a friend has told me that the iPhone 6 may be coming out soon. (This person has nothing to do with the Apple corporation, so she is just guessing). I have an iPhone 4 right now, but all the features do not seem to be that much different besides the power of the phone. My phone should be arriving within the next week-week and a half. Should I return the phone and my upgrade when it comes to my AT&T store? I don't want to make a mistake by jumping into the iPhone 5 if the 6 may be coming out soon. I've had this iPhone 4 for two years and it has done me well.

When do you think the iPhone 5s will be coming out? And do you think it will be a dramatic change from the 5? Do you think I should wait for the 5s? Do you think the 6 will be a dramatic change from the 5?

And please do not tell me the galaxy s3 is better. I'm strictly looking at the iPhone.

Just get the iphone 5, if your contract is over.
then wait 2 years until it get better.

I think you should wait for the 6! The four and five are about the same, except for the shape. And another reason to wait is because whent the 6 comes out, the chargers will be more common and maybe cheaper.

Your friend is nuts.

The only time I've heard any 'iPhone 6' rumors was as a joke the day the iPhone 5 was announced.

They could at least give you some concrete sources backing up their claim.

These sites suggest when to wait to make a major purchase.

These are links for the iPhone 5 --
https://www.decide.com/p/phones-apple-iphone-5-apple---iphone-5-with-16gb-memory---black---slate---33187356
http://buyersguide.macrumors.com/#iPhone

Perhaps they were confusing last week's iOS 6 release with the iPhone 5.

No matter what phone you get, unless you want to get out of your contract you'll be stuck with it for two years (and it will be a dinosaur by then). Besides, the iPhone 6 won't be coming out until fall 2013 at the earliest and if you're renewing your cell phone contract you'll most likely be much happier with the latest phone.

Just be happy with the iPhone 5.It appears to be about four times faster than what you currently have -- http://www.anandtech.com/show/6324/the-iphone-5-performance-preview

Dude it's just a phone. What are you going to actually do with the new one that you can't do with your current phone. Wait til you lose or break your old phone then upgrade. The new one isn't bigger, and you will still have to charge it everyday (to be safe). Also no removable memory, standard cables, or mass storage mode (features even basic phones have had for years btw).

Get the phone

Wait for all the problems with the 5 to be fixed, then upgrade. Yes, the 5 has a larger screen… I don't like it. The battery is supposed to last longer, but there are reports that it's just the opposite. IOS6 sucks from what I hear, lots of bugs.

There's no 5S or 6 planned yet, nobody knows what the next generation will be… The 5 hasn't even been out for a week yet!

The 5 has a larger screen, more memory, more powerful processor, better cameras front and rear over your 4.It also uses a different charging port so your iphone4 cords won't work. Wait for those issues to get fixed, then decide.

I think you should put your question in the right category.