Apple has not yet released any variant of their low-end iPhone since it released the iPhone 5c way back in 2013. However, the wait may soon be over and one could be made available in a few months, according to Ananda Baruah at Brean Capital.
In a recent note, Baruah wrote that Apple could launch a new low-end iPhone as early as this spring. That would fall outside of Apple's typical product cycle, since the company has only unveiled new iPhones in the fall over the past several years.
Here's the snippet from Brean Capital's note that discusses a cheaper iPhone:
Cowen and Company analyst Timothy Arcuri previously told Business Insider that Apple once considered making a smaller 4-inch version of the iPhone 6, but had scrapped the idea. He added that his sources and supply chain research indicated Apple was planning to make this smaller phone, which he referred to as the iPhone 6c, as recently as March 2015. But, as of July, evidence of this phone had disappeared from the supply chain.
Lisa Eadicicco of Business Insider said in her report that it would be a smaller iPhone that provides a low-cost option for those who want an iPhone with Apple's more modern metal design but don't want to splurge on Apple's larger phones.
There are also rumors that the iPhone is about to go into production with a November on sale date likely. Foxconn is apparently ramping up its assembly lines to build the iPhone 6c which a view to the new, smaller iPhone handset going on sale in November.
The contract manufacturer says that it has received shipments of 4-in screens that are earmarked for the device, according to GForGames and ChinaTimes.
This rumor suggests that Apple will get the handset out just in time for Christmas, but it would be the first time the company had released a phone independently of the other handsets.
In a recent note, Baruah wrote that Apple could launch a new low-end iPhone as early as this spring. That would fall outside of Apple's typical product cycle, since the company has only unveiled new iPhones in the fall over the past several years.
Here's the snippet from Brean Capital's note that discusses a cheaper iPhone:
"A new lower-end iPhone – either a smaller functional iPhone model or a skinny (our term) iPhone 6 sized phone. This would allow AAPL to tap into emerging market / lower functional ASP-sensitive areas of the smartphone market."This isn't the first time analysts have brought up the idea that Apple could be planning to release a cheaper iPhone before it launches its next flagship phone, which will presumably be called the iPhone 7.
Cowen and Company analyst Timothy Arcuri previously told Business Insider that Apple once considered making a smaller 4-inch version of the iPhone 6, but had scrapped the idea. He added that his sources and supply chain research indicated Apple was planning to make this smaller phone, which he referred to as the iPhone 6c, as recently as March 2015. But, as of July, evidence of this phone had disappeared from the supply chain.
Lisa Eadicicco of Business Insider said in her report that it would be a smaller iPhone that provides a low-cost option for those who want an iPhone with Apple's more modern metal design but don't want to splurge on Apple's larger phones.
There are also rumors that the iPhone is about to go into production with a November on sale date likely. Foxconn is apparently ramping up its assembly lines to build the iPhone 6c which a view to the new, smaller iPhone handset going on sale in November.
The contract manufacturer says that it has received shipments of 4-in screens that are earmarked for the device, according to GForGames and ChinaTimes.
This rumor suggests that Apple will get the handset out just in time for Christmas, but it would be the first time the company had released a phone independently of the other handsets.
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