Cheap Apple iPhone: If you believe what Jeremy Horwitz of iLounge has to say, the following information pertaining to the low-cost Apple Inc. (NASDAQ:AAPL) iPhone will pique your interest. Right now, the rumor is that the new smartphone will be composed largely of a plastic body along with a 4-inch display just the same as the iPhone 5.
Horwitz included the following information regarding other potential changes:

“The circular volume buttons of the iPhone 4, 4S and 5 will shift to elongated, pill-shaped designs closer to the iPod touch and the iPhone 3G/3GS”
“Apple’s budget housing looks closest to the iPod classic in shape, though not in materials.”
“The budget iPhone will look a lot like an iPhone 5 from the front, an iPod classic from the side, and an iPod touch 5G on the bottom — only made from plastic rather than glass or metal.”
In other words, the rumored Apple Inc. is going to take design cues from many of the company’s most popular devices. The main difference, however, is the fact that the low-cost smartphone is going to cut corners by replacing glass or metal with plastic.
With all this talk ramping up yet again, many are beginning to wonder if a low-cost iPhone is in the cards.
The strongest argument for this is the fact that the current Apple Inc. iPhone is too expensive for most consumers in other countries.
For example, Apple is currently offering the iPhone 4 at a no-contract price of $450 in the United States. If you look at the pricing structure in other countries, the numbers become even more intimidating. The same smartphone would set you back $490 in China and $750 in Brazil with tax, according to AppleInsider.
Now for the real question: how much would a cheaper iPhone Cost?
The word cheap means something different to everybody. Even if Apple Inc. decides to release a low-cost smartphone, one has to wonder where it may be priced.
The same AppleInsider article goes on to explain:
“Market watchers have predicted that Apple could sell a cheaper iPhone for around $199 without a contract subsidy. At that price point, it’s projected that Apple could attain gross margins around 30 percent.”
How do you feel about this Apple Inc. rumor? Do you believe it to be true?
Check back here for more updates on Cheap Apple iPhone.
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