The Galaxy S5 too big or too expensive for you? Not to worry, the Galaxy S5 Mini is scheduled for a July launch according to a report by SamMobile today.

The dumbed down version of Samsung’s smartphone is rumoured to launch next month and includes many of the same features as the bulkier S5. These will include the S5’s water and dust resistance, heart-rate monitor and maybe the fingerprint scanner.

The Mini is also said to feature a 4.5-inch 720p Super AMOLED Gorilla glass display, an 8-megapixel camera, 16GB of internal storage, 1.5GB of RAM and a quad-core Exynos 3 processor.

We don’t know about the price yet, but we are sure it will be cheaper as the Samsung S4 and S3 followed the same path in releasing a mini versions that were cheaper and scaled down.

According to a report by Forbes, “amongst those that did buy a Galaxy S5, 17% switched from Apple and 58% of European Galaxy S5 buyers were previous Samsung owners. As we know, Android is still the dominant operating system, with a 73.3% share of the European market. Apple is second with 16.6% and Windows Phone 8.1%”

Also in the rumour mill is the upcoming “Iphone 6” or whatever it will be called when it finally launches in September. This will be featuring a larger screen which is said to battle head on with the larger phones we see running Android, so as to gain back some of the market they are losing.