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Apple working on cheaper iPhone, report says
(11-01-2013)
 
Apple working on cheaper iPhone, report says
 

Apple working on cheaper iPhone, report says

Apple Inc is working on a cheaper version of its iPhone that could be released this year, according to a report.

According to the source, the Smartphone would resemble the standard iPhone, but... might use less-expensive materials such as a polycarbonate plastic.

Apple could take a similar approach as it did with the iPad mini and build a smaller phone with specs similar to that of a device a generation behind. The iPad mini's body is smaller by design and its technical specifications are similar to the iPad 2.

Apple is under big pressure to make the iPhone more affordable as Google's Android has become the dominant mobile operating system in the world. Apple has also seen its Smartphone market share decline against competition from rivals such as Samsung.
Apple declined to comment on the report.

Releasing the iPhone Mini could help the firm make greater in-roads into the mid-level and entry-level markets that Android devices now dominate.