Using iPhone 4 parts and less memory, Apple might bring the subsidized cost to $0.00
There’s been much speculation over the past year about the possibility of Apple AAPL shipping a lower-cost phone to compete in markets where the top-of-the-line iPhones have proved too expensive.
Writing in Apple’N’Apps Thursday, Trevor Sheridan — a writer whose track record we can’t vouch for — offers what nonetheless seems like a plausible scenario.
Citing three unnamed “independent sources,” he claims that Apple is set to launch two iPhones this fall: 1) The iPhone 5 about which so much has already been written. And 2) a cheaper device known within Apple as the iCloud iPhone.
According to Sheridan, Apple is aiming for a $400 price point, about $200 less than the unsubsidized cost of the iPhone 4. Assuming carriers offer their usual subsidies, that could bring the initial cost to consumers to $0.00.
You can read Sheridan’s full report here.