The budget version of Apple’s latest iPhone will cost roughly $330 (£220), priced in order to appeal to young, middle class consumers in countries like China and India.
The claims about the price and the imminent release were made on the Japanese website Macotakara, following on from earlier reports about Apple plans for a cheaper phone.
In January it was reported that the planned new phone will resemble the iPhone 5 from the front but Apple will replace that handset’s aluminium body with a cheaper plastic casing.
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