Rumors Abound for Cheap iPhone and iPhone 5S

Rumor has it that Apple is once again preparing to unveil the future of the iPhone by launching both a cheap iPhone and an iPhone 5S. As a global phenomenon, Apple continues to expand its market share into more countries, which in some cases means providing lower cost options to individuals who can't shell out hundreds of dollars for a new iPhone.

Cheap iPhone Rumors

The cheap iPhone model would cater to developing countries and lower economic classes, such as those in China and India. This low cost iPhone is designed mainly of plastic parts, with the casing a bit thicker, wider, and taller than the iPhone 5. Sources from iLounge called the cheaper iPhone a hybrid between the iPhone 5 and the iPod Touch. Although it lacks some of the bells and whistles of the iPhone 5, the cheaper cost is the key to moving Apple into a broader customer segment globally.
As to just when this cheaper iPhone model will be released, no one can say

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