It's out with the old And in with the new. Apple announced Wednesday the new iPhone 5 will hit stores September 21. Jim Nowicki from Walk-N-Talk cellular is happy to hear the news because he collects old phones for new use.

"We sell used phones for the people who can't always afford the new ones or the latest model and we also participate in the cell phones for soldiers and ones that are recycled and ones that are used to dial 911 for the spouse abuse centers," says Nowicki.

Nowicki says he usually sees a spike in people selling old iPhones when a new version is released. Local iPhone users we spoke with Wednesday are split on if they want their hands on the new phone.

"I am happy with my four, but I will definitely probably try to get me that for christmas or something," says Sasha Weber.

"I mean I am really happy with mine and if I had a bunch of money laying around then I would probably be at the store already buying it," says Emily Cavender.

Although money plays a factor, some seem to be iPhone fans for life.

"One of my really good friends her family has quite a bit of money so whenever the new one comes out she just goes and gets a new one even if she doesn't need it," says Cavender.

iPhone 5 may be the latest and greatest, but Jim Nowicki says it's all a matter of taste.

"None of the phones I personally use are iPhones and no matter what anybody tells you the best phone is the one you like," says Nowicki.

Either way cell phone carriers will be busy September 21 for the iPhone 5 launch.

Consumers can start pre-ordering the iPhone 5 September 14.