According to a report in The Wall Street Journal, the company is also working on a cheaper iPhone model that could win it some market share in developing countries. Could it be the iPhone 6? The daily cited unnamed people “familiar with the device’s production”.
The report is in line with expectations of company watchers and Wall Street analysts. Apple’s iPhone 5 costs around $600, and while Apple maintains older iPhones in production, even those aren’t cheap enough to compete effectively against low-end smartphones running Google Inc’s Android software.
Apple is set for a possible summer launch of the next iPhone, rather than a fall launch like the last two models.
Apple doesn’t comment on future products before its launch events. Its executives usually emphasis that the company’s goal is to make the best products, not the cheapest ones.