iPhone 5 price to see Apple launch $350 budget iPhone?

T3 Staff / News / Thu 21st Jul 2011 10:44 am

Apple’s expected budget iPhone offering, the mooted iPhone 5 or iPhone 4S, is to launch alongside a new premium handset this September with a $350 price tag in the US, new reports have suggested.

Quoting an “incredibly solid source,” gadget blog Boy Genius Report has claimed Apple is to launch the budget iPhone this summer with the handset to touch down sporting a US$350 price without the need for a costly contract.

“Apple will indeed be launching a prepaid / lower cost iPhone this year,” the claimed source reportedly revealed. “We are told the handset will retail for no more than $350 without contract.”

Whilst recent reports have suggested the iPhone 5 will land with a radical new form factor, 8-megapixel camera with 1080p Full HD video recording capabilities and a larger HD display, BGR suggests the budget iPhone will in fact be a rehash of the iPhone 3GS with the continued sale of the iPhone 4 and the new iPhone 5 allowing Apple to target the budget, mid and high-end smartphone markets.

The new reports come a day after the iPhone 5 reportedly leaked in a series of hands-on photographs after a claimed iPhone 5 prototype handset was caught on camera.

Will Apple launch a budget iPhone handset this year alongside the iPhone 5 or will the Cupertino company maintain its single handset cycle? Let us know what you think via the T3 Twitter and Facebook feeds.

Via: BGR

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  5. Apple to launch 64GB iPhone 4 before iPhone 5 lands?

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