“Ming-Chi Kuo of KGI Securities said in a research note on Monday that he believes Apple’s anticipated ‘iPhone 5C’ will actually be positioned as the company’s mid-range device, not a low-end option as was previously rumored,” Hughes reports. “Instead, the company’s entry-level iPhone will be the iPhone 4S, he said.”
Hughes reports, “Kuo expects the so-called “iPhone 5C” to cost between $400 and $500 without a contract subsidy. Meanwhile, the iPhone 4S — first released in 2011 — will run between $300 and $400, according to Kuo. The updated lineup will also mean the end of the iPhone 4, which was first released in 2010.”
Read more in the full article here.
[Thanks to MacDailyNews Reader "Brawndo Drinker" for the heads up.]