Reuters has withdrawn the story headlined "Apple exec dismisses cheaper phone as a market share grab-report" which was based on a Shanghai Evening News report that was subsequently updated with substantial changes to its content.
TNW verified with Apple that it was an official interview so it's unclear what about the initial report was inaccurate.
DigiTimes, the WSJ, and Bloomberg have all reported that the company plans to release a low cost iPhone this year to address emerging markets.
Usually in most cases. People who have the other iPhone copies can't really afford a real iPhone. So they settle for less. iPhone owners usually are more successful. PROVEN FACTS.
Ppl don't want to spend money for an iPhone that's lost it place at being number one! Does not make u lower class! Ppl would rather buy an android that kicked iPhone out of its place. Why spend more money for a phone that u can't do much with. Android is better! You can download free movies and free music direct! iPhone can't do that!!! Even poor ppl have iPhones, does that make them high class??? Uuugggghhh..... I think not!