Lower-priced iPhone launching soon?

By George Wong on 08/05/2011, filed in Home > Apple

Lower priced iPhone launching soon?

According to an analyst over at RBC Capital, who were reported to have recently spent time with Apple’s CFO, Peter Oppenheimer and COO, Tim Cook; he he’s got some interesting news to share. As reported by BGR, the analyst, Mike Abramsky, was said to have discussed a whole range of topics, from Apple’s patent battles to the possibility of a budget-priced iPhone. Judging by what he had to say, it seems like the low-cost iPhone should be on its way.

Corroborating with previous reports, the low-cost iPhone is said to be the iPhone 3GS that will be sold for $350 off contract. Given that the 3GS is old news and outdated by now (it will be 2 generations old when the iPhone 5 is released), Apple should have no problem selling it at low prices, since it will cost cheaper to make as well. With a range of differently priced iPhones, this should give Apple consumers more devices to choose from when picking out an iPhone, which should give the company an answer to low-priced Android phones.

Apple Inc: Apple Inc was founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne as a computer company wich is often credited to have initiated personal computing. After a meteoric rise in the 80s, Apple had lost the personal computing battle against Microsoft and others in the 90s. But in the late 90s and early 2000s, the company came back to profitability by focusing on less products and started using industry-standard components. Apple's largest business is now in the smartphone space, with the iPhone representing more than half of the revenues and an even larger part of the profits. Read our Apple product reviews to see what the company has been up to: iPhone 5 Review, Macbook Pro with Retina display review

iOS: was once upon a time called iPhone OS, or "operating system", which is the software that provides all the basic device functionality and is the interface between the hardware and applications. iOS was introduced with the iPhone on January 9 2007, and it was originally not intended to be programmable by third parties. Steve Jobs had envisioned that developers could create Web Apps that would run in the browser. This changed less than one year after when the iPhone SDK (software development kit) was introduced in October 2007. Today, hundreds of thousands of apps have been created for this platform. iPhone OS became iOS on June 2010. Interestingly, both iPhone and iOS were former trademarks of Cisco, that Apple now uses under a license.

iPhone: iPhone: The iPhone is Apple's line of smartphones. That was also the original name of the first iPhone, which was announced on January 9th 2007 by Steve Jobs during the Macworld Keynote. The iPhone was released to the public in June of the same year. The development of the iPhone started in 2004, was internally called "project purple" and was the fruit of a collaboration between Apple and AT&T. Since then, Apple has released new iPhone models every year, with the iPhone 3G in July 2008, the iPhone 3GS in June 2009, the iPhone 4 in June 2010, the iPhone 4S in October 2011 and the iPhone 5 in September 2012. The iPhone represented more than half of Apple's revenues in 2012.

iPhone 5: The iPhone 5 (read our iPhone 5 review) is a smartphone from Apple. It was launched on Sept 12 2012 and features a 4" display, 4G LTE, a thinner chassis and a faster A6 processor. At the time of its launch, it was obviously the best iPhone yet, but a large number of customers and observers came out very divided about its feature set. The lack of large screen was a main point of friction and many wished that there was a larger iPhone 5. FB Survey: are you impressed by the iPhone 5? Tell the world.

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