Rumored Low-budget iPhone To Launch Alongside iPhone 5S In July [Rumor]

There have been rumors of a low-cost iPhone making its way around the internet, and some believe that such a device will help Apple appeal to emerging markets where their competitors, such as Microsoft's Windows Phone and Google's Android, have the advantage with a wider range of affordable products. Whether such a device exists remains unknown, but according to Topeka Capital Markets' analyst, Brian White, he believes that after speaking to suppliers and vendors, that Apple could be launching the alleged low-cost iPhone in July alongside the iPhone 5S.

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