Bloomberg: New Cheaper iPhone to Cost $99-$149

Bloomberg: New Cheaper iPhone to Cost $99-$149

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Bloomberg is backing up reports that Apple will release a cheaper iPhone this year. Both DigiTimes and the WSJ have heard that the new device could be available by year's end.

Apple, which had been working on a more affordable smartphone since at least February 2011, is weighing retail prices of $99 to $149 for a device that would debut in late 2013, at the earliest, according to the person, who asked not to be named because the negotiations are private. Apple has spoken to at least one of the top U.S. wireless carriers about its plans, the person said yesterday.

Apple will reportedly target the new device at emerging markets where the $649 (off contract) starting price is too high to afford.

Bloomberg didn't comment on the device's appearance; however, DigiTimes said it would feature a new external design and possibly a larger screen.

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Bloomberg: New Cheaper iPhone to Cost $99-$149
Dyllon - January 10, 2013 at 9:21pm
No all he said was apple uses the best technology available and apples Future isint in cheap smartphones now cheap is a relative term it could be cheaper then the iphone 5 but not Necessarily cheap compared the Samsung junk... But who knows they could just be taking stabs at new markets no one thought the ipad mini would do good and it's huge for them... Remember tim cook was the COO his job is to maximize profits... He's not Steve he cares more about the stock price then making a beautiful product
Dyllon - January 10, 2013 at 6:45am
Tim's a piece of shit he must have done a lot of ass kissing ( or cocksucking) to get picked by Steve. Apples about uncompromising quality design and simplicity not about shitty 7 inch tablets dumbed down products Tim's just out to scrape what he can out of every market and jump ship. And watch apple crumble. One thing he did get from Steve is the reality distortion field albeit he can't do it as well, I hope he really has a better plan theres still time
Rahim Habib - January 10, 2013 at 3:48am
Steve Jobs must be kicking himself in the grave... RIP SJ
Dan - January 9, 2013 at 9:27pm
Gay... Tim cook is lame. Apple is falling behind with this guy.
cookiecutter - January 9, 2013 at 8:54pm
steve jobs was about passion, tim cooks is all about the money
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