“Will Apple soon start making a cheap iPhone? That’s what one analyst reckons, and the reasons do seem to add up,” Joe Svetlik reports for CNET UK.

“Analyst Gene Munster thinks that at some point in the next two years, Apple will make a special version of the iPhone that’ll cost just $200 (£125), Business Insider reports,” Svetlik reports. “He says the budget blower will be aimed at emerging markets like India and China.”

Svetlik reports, “According to Munster, the traditional business model for mobiles (where the handset is subsidised by the networks) doesn’t work in India and China. And that’s where the next 3 billion smart phone customers are, so obviously Apple will want their business.”

Read more in the full article here.

MacDailyNews Take: If so, it’ll be inexpensive, not cheap.

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]