I don’t think Amazon knows anything about the scheduled release of the next-generation iPhone (which is rumored to happen in Fall this year), and I believe this is simply a tactic to insert a placeholder on Google for people searching for iPhone 5 news on Google, and drive some traffic to Amazon’s iPhone 4 offerings at the same time.
There’s no doubt a lot of “iPhone 5″ searches are performed on Google every day, and it’s pretty clear Amazon is trying to generate some pageviews for these queries — perhaps not cash, as someone who’s looking for an iPhone 5 should recognize he’s being fooled to buy an iPhone 4 instead. Not cool, Amazon. [via Macgasm]