Supply Chain Sources Claim Low-End iPhone Due this Year

Apple is working on a low-cost iPhone model for release later this year, according to supply chain sources in touch with the China Times. The new hardware may allegedly ship around the same time as a sixth-generation high-end iPhone. The main incentive is said to be getting a better foothold in the low-end smartphone market, since even the iPhone 3GS is $375 unlocked, making it far more expensive than competing Android devices

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