The iPhone 5.(Photo: Apple)
Consumers may see less expensive iPhones in their future.
The Wall Street Journal reports
Apple is working on a version of its popular smartphone that's cheaper,
citing "people briefed on the matter." The device could debut as soon
as this year.
According to the report, the company is weighing a
switch from the standard aluminum body of the device to a lower cost
polycarbonate plastic. Apple declined comment on the report.
iPhone 5, which launched last fall, currently starts at $199. However,
the two-year old iPhone 4S sells for $99, while the iPhone 4 is free,
provided they sign on to a two-year contract with a wireless carrier.
again, Apple doesn't seem to have an issue selling iPhones. The company
reported selling nearly 27 million during the fourth quarter.