Supplier confirms Apples low cost iPhone, but will emerging markets bite?

A parts supplier is confirming that Apple does in fact have a lower cost iPhone in the works.

Word has been spreading around the internet quite a bit about Apple potentially releasing an iPhone that will sell at a lower unsubsidized cost somewhere in the $200-$500 range at around the same time they release the iPhone 5S. The belief is that Apple hopes to gain more traction in emerging markets where companies like Samsung are thriving due to the availability of devices that are lower in price and available off-contract. During the Steve Jobs era, Apple has long resisted the idea of releasing a lower-end iPhone, but under the leadership of Tim Cook, rumors have continuously been swirling that this may be the year their attitude on the subject finally changes. 

ETrade Supply is a parts supplier most known for being the first to leak the casing of the iPhone 5, as well as leaking the Blackberry Z10. They are once again chiming in with confirmation that Apple is indeed planning to release lower cost model of the iPhone.

iphone3gs Supplier confirms Apples low cost iPhone, but will emerging markets bite?

Pictured: iPhone 3GS

No specific details on the device was mentioned, but previous rumors suggested that the phone could sport a 4-inch LTPS display and the same A6 processor that is currently powering the iPhone 5. As well, it is popularly believed that Apple will opt for a plastic chassis presumably to keep costs as low as possible for this phone.

With Apple’s WWDC 2013 conference only one month away and the Summer heating up, expect rumors to come out much more often as we get closer to Q3/Q4 of this year, which is around the time Apple begins making the most noise. Stay tuned.

Source: ETrade Supply Via: Phonearena