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Budget iPhone in the works?

Delving back into the ‘What’s been leaked from Apple this week?’ folder now, as a new report has suggested that Apple are working on a lower-end model of the iPhone.

The Wall Street Journal, who cite “people briefed on the matter” as sources, claim that a cheaper version of the phone will be available later this year. It has been known for years that Apple have investigated the possibility of launching a budget iPhone, but now it seems those plans are progressing. The report claims that the phone will be similar in design to Apple’s flagship product, but have a different and less expensive body, therefore reducing production costs.

Recently, Strategy Analytics executive director Neil Mawston spoke to Reuters and claimed that the iPhone Mini – as it has been dubbed – will be released next year.

 

“We think Apple will have to launch an ‘iPhone Mini’ at some point over the next three years to address the hundreds of millions of pre-paid users worldwide that cannot afford the current iPhone….The iPhone 5 is growing fast and profitably right now, so there is little incentive for Apple to launch an ‘iPhone Mini’ this year. We expect the iPhone Mini to be more likely next year, in 2014 when… Apple will be forced to discover fresh growth streams.”

 

As per usual, Apple have thus far refused to comment on the reports.

 
Source: Wall Street Journal, Reuters

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A co-owner of this here website, as well as a Writer, Podcaster and Designer. I'm well known for my enthusiasm and positivity. You can find out what's on my mind by following me on Twitter and by checking out The Geek Show, The Podcast of Wisdom and Ring the Bell.

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