The price of the new 8GB at O2 is expected to be 509 euros. That's 60 euros less that the price of the 16GB model which current costs 569 euros at O2.
Pricing or availability of the 8GB model in the U.S. is still unknown. Apple's US pricing for the iPhone 5c starts at $549 for the 16GB model.
A new lower priced iPhone 5c could put the device within reach of more budget minded consumers. Sales of the device have been poorer than expected with many customers opting to choose the more expensive iPhone 5s.
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Read More [via Roy]