Analyst Now Confident Apple Will Launch Lower-Priced iPhone This Year

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Posted February 11, 2013 at 7:33pm by iClarified

Topeka Capital analyst Brian White says Apple will release a new lower-priced iPhone that will open up 'attractive new growth opportunities in China and elsewhere around the world', in a research note relayed by Forbes.

White says he is "now confident that a lower-priced iPhone will be launched by Apple in 2013, possibly as early as June." The device will reportedly cost $250-$350 unsubsidized and could be dubbed the 'iPhone mini' or 'iPhone Air'.

“A $250-$300 price range would also be competitive with China-based Xiaomi that offers a high-end phone experience at a mid-range price of ~$320 in China,” he writes. “We believe a $250-to-$300 price point will allow Apple to significantly expand its reach in the smartphone market and better address developing markets such as China, while opening up more opportunities in Brazil, Russia, India and elsewhere.”

A recent report from iLounge also claims Apple is working on a low-cost iPhone with a plastic body.

Also planned for a 2013 release is Apple’s “low-cost” plastic-bodied iPhone, which is being developed with China Mobile in mind: the government-owned telecom company has over 700 million subscribers.

Click here to check out a mockup that shows what an 'iPhone mini' would look like if it kept the iPhone 5 design but dropped the screen size back down to 3.5 inches.

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Analyst Now Confident Apple Will Launch Lower-Priced iPhone This Year

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justabrake - February 12, 2013 at 6:16pm

I think if people want to buy an iPhone cheap they should buy second hand then buy a cheaper one made, Quality before price !

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Tim - February 12, 2013 at 1:03pm

Not going to happen. Besides it not making financial sense apple already had several lower models to do just this. 3GS & 4. I could see them changing the case material. Just not plastic, apple wouldent do that. Just not their style.

Mr.F - February 12, 2013 at 4:48am

Apple already have cheap iphone haven't it? Its 3GS

Sheridan - February 22, 2013 at 3:06pm

Yeah apple does have an 3GS as one of there cheaper phones but who wants one of them? I think this new budget iPhone is a great idea, it will give people that dont make as much money the chance to have and iPhone and not just that but apple might want to give people with different taste a little bit more option. And I think many people would rather a new iPhone then a second hand one.

tdtran1025 - February 12, 2013 at 12:05am

the sheer volume in China and India will more than make up for the effort. Cook will be remembered for this.

RobertSquire - February 11, 2013 at 8:51pm

The word "Confident" is not a journalistic expression and it conceys personal thoughts rather than based on facts.