The rumors of a low-cost iPhone have been floating about for a while now, and supposedly this budget device is said to help Apple compete in emerging markets where their Android and Windows Phone competitors are stealing market share effortlessly due to low-cost options which are more affordable compared to Apple’s iPhone. However the question is, how cheap are we looking at here? Well according to Pegatron’s CEO who spoke at the company’s shareholders meeting, the low-cost iPhone will actually not be low-cost, but rather a mid-ranged device that while it is cheaper than the current iPhone, is still not exactly “cheap”.
Pegatron’s CEO, T.H. Tung basically disagreed with the rumors that suggested that the low-cost offering is “cheap”, saying that the price of the phone will still be high. Assuming that this is the case, we have to wonder how much it will cost, especially since older iPhones like the iPhone 4 and iPhone 4S have typically been used as more affordable offerings compared to the iPhone 5. Take it with a grain of salt for now, but what do you guys think?