The Wall Street Journal is reporting that Sprint will be selling the iPhone 5 (alongside AT&T and Verizon) when it launches in "mid-October." In addition, they'll also sell the updated iPhone 4 model that Apple will be selling at a lower price (likely an 8 GB model.) This is great for Sprint and great for Apple, because if the report holds true, it'll give Sprint a much-needed shot in the arm to sell both the new iPhone model as well as the lower-cost iPhone 4. As for Apple, it gives them play on yet another American carrier, which means more marketshare. We'll be keeping our ears on this one, and will let you know what more we hear on this.