“Apple Inc. will release a cheaper iPhone 4 within weeks, jeopardizing profit margins to win lower-end customers from rivals such as Nokia in China and other emerging markets,” Clare Jim and Kelvin Soh report for Reuters.
“Asian suppliers have begun making a lower-cost version of the hot-selling smartphone with a smaller 8-gigabyte flash drive that will arrive around the same time Apple unveils its much-anticipated iPhone 5, two sources with knowledge of the matter told Reuters,” Jim and Soh report. “It is in talks with leading Chinese carriers China Mobile Ltd. and China Telecom Corp Ltd., both of which are eager to carry the device that defined the smartphone market when Apple launched it in 2007.”
Jim and Soh report, “In addition to the launch of the smaller iPhone 4, Apple is targeting an end-September launch for the next-generation iPhone 5, one source said, confirming earlier reports on Apple follower blogsites and industry websites… The new iPhone — which some call the iPhone 4S because of its largely identical appearance to the existing iPhone 4 — will have a bigger touch screen, better antenna and an 8-megapixel camera, one source said.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]