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Report: Apple Working On Low-Cost iPhone

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http://techcrunch.com – Following a report by Digitimes this morning citing industry sources, The Wall St. Journal is today confirming that it, too, hears that Apple is working on a low-cost version of the iPhone, which could launch as early as this year. The phone could be made cheaper by using less expensive parts, the WSJ says. For example, it could use a different shell made of polycarbonate plastic, or parts recycled from older iPhone models. This isn’t the first time the WSJ has reported that Apple was exploring such a device – in 2011, it issued a similar report, again citing the ever-present &#82 (IT news)