We've had rumors of a cheaper iPhone coming along before, and now Apple COO Tim Cook has gone and hinted at the smae thing. After having a little chat with Forbes, he somewhat confirmed rumors of the smaller, weaker and cheaper iPhone 5 that's in development
Cook claims that Apple was "not ceding any market" and doesn't want its products to be "just for the rich." Which would be a wise move by Apple has currently the iPhone is easily one of the most expensive smartphones out there.
In addition to that, the article he "appeared to reaffirm the notion that Apple is likely to develop lower priced offerings."
Maybe this could be the iPhone Nano we've heard whispers about. Or it could be a cheaper lower spec iPhone 5 aimed at the pay as you go market? But just to reconfirm, Tim Cook doesn't specifically say that Apple is, but he certainly hints towards saying that it's Apples "strategy"
Who knows, we'll just have to wait and see for now.
Post sponsored by Abby Technology Limited
