iPhone 3GS expected to be discontinued around October 2011 | T.i.A. | #1 iPhone News, Review and Accessory Source.

With the release of the iPhone 5 reported to be this October, Apple Inc. is reducing stock and therefore the availability of the iPhone 3GS model. The news on the street is that Apple is gearing up for the two next-generation iPhones to be released later this year.  One of them being a redesigned iPhone 4 and possible called the iPhone 4S and this is most likely to be a cheaper pre paid model compared to the expected iphone 5.

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