NEW DELHI: After launching a smaller, cheaper version of the popular iPad last year, Apple is looking to up the ante in smartphones too. The world’s biggest technology company will launch the much-speculated cheaper iPhone this year, according to a report by ETrade Supply.
As per a source of ETrade Supply in Foxconn, which manufacturer iPhones, Apple is gearing up to launch a budget smartphone. Previously, ETrade Supply sources have leaked accurate information about upcoming Apple products, including the front panel of iPhone 5 last year.
Recently, JP Morgan analysts Gokul Hariharan and Mark Moskowitz said that Apple’s cheaper iPhone is unlikely to be a budget device. Rather, it will be a mid-range product that will hurt the business of Samsung Galaxy series by capturing 25% of the segment within a year of launch.
As per technology blog Tactus, a leaked Apple internal document states that the cheaper iPhone would be priced approximately $300-$400. An alleged leaked image of the cheaper iPhone showed that this upcoming device will have a glossy plastic back. Speculation is rife that Apple will launch the cheaper iPhone as well as the upgraded version of iPhone 5S together on June 20.
Source-Times Of india