Want a cheaper iPhone but can’t quite bring yourself to commit to two years with a 3GS? You may be in luck.
A report from Reuters indicates that Apple is planning to roll out a cheaper 8GB iPhone 4 when it launches the iPhone 5 in the coming months.
Citing “two people with knowledge of the matter” the report says that manufacturing has already begun on the cheaper phone, which reportedly is being made by a Korean company.
Apple COO Tim Cook has previously hinted that the company is looking at making a lower-end iPhone.
In its last record-breaking quarter, Apple sold 20.3 million iPhones, despite the fact that many were expecting users to wait for the next model to launch this fall.