A lot of excitement is being generated by the rumored release of the iPhone 5. If internet speculations are to be believed, we can expect Apple to announce the iPhone 5 within the next three months. The most popular rumor going around among Apple fans is that the company will be releasing two variants of the iPhone 5 – a full-featured, completely redesigned version that will sell at a premium, and a more modest version that is more of an incremental upgrade to iPhone 4. The latter version will have a more affordable price and could be introduced as an iPhone5 prepaid version.

The iPhone 5 Prepaid is the best option for people who want to get on the Apple bandwagon but have a limited budget to do so. Let’s face it, Apple products may be one of the best, if not the best, in its respective categories. But that reputation for high quality and impressive feature set comes at a price. Not everyone can really afford a phone as expensive as an iPhone, much less a latest generation gadget like the iPhone 5. A little scrimping in some areas are needed to get that desired iPhone 5.

Even though you get an iPhone 5 prepaid, you’re still going to experience the best technologies associated with an Apple product. Prepaid plans for mobile phones are designed to keep the cost of maintaining a phone line at a minimum. It’s really the best advantage of having an iPhone 5 prepaid – the opportunity to own an iPhone at a more affordable entry point. A prepaid line means that you “pre-buy” the amount of minutes that you will use in terms of call times, SMS or even internet usage. You can use your phone and enjoy all of the added services as long as you are within the minutes or usage time you have pre-bought. When it runs out, you just have to top it off buying again. You’re not tied down by a contract and you get to manage your usage more prudently, which is a great proposition for those who are on a tight budget.

The iPhone 5 prepaid will offer users a lot of benefits associated with a prepaid plan but with the added advantage of being able to own and use Apple’s newest mobile phone product. That’s enjoying the best of both worlds and being one of those privileged enough to get the latest iPhone in the market.