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Apple Rumored to Soon Be Selling a Low-End ‘iPhone 5C’

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News Posted: Tue, Jul 30 2013 9:48 AM
We've heard numerous rumors of Apple planning to launch a low cost version of its iPhone, perhaps one that's constructed of polycarbonate plastic rather than aluminum and glass. While some have dismissed such chatter as nonsense (including Apple), at least one analyst believes the Cupertino company is still on track to release a more affordable iPhone device.

Kulbinder Garcha, an analyst with Credit Suisse, believes Apple has come to the decision to abandon its premium-only policy so that it can capture more market share among smartphone owners and boost profits as well, The Street reports. Garcha also argues that a low end iPhone wouldn't hurt the brand, not with Apple's attention to detail, and that its profit margins on such a device could be higher than people think.

Apple iPhone 5C

By Garcha's calculations, a lower end iPhone device could generate as much as $21 billion in revenue and $5 per share in earnings in 2015. If Apple's math is even remotely close to Garcha's, then it seems a foregone conclusion that such a device is headed to market.

Interestingly enough, a forum user on a Chinese website recently posted a picture of a bunch of iPhone 5C retail cases in a bin. He notes that these are for the cheaper iPhones Apple is working on,  Alternately, it could be just another Photoshop job, but if it is, it's a very good one, as it captured the familiar font, logo, and curved design that Apple's into. Why call it the iPhone 5C? Some have speculated that the "C" could stand for "cheaper," though it could also mean "color" if Apple decides to offer the lower cost device in a range of color options.
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Jun replied on Tue, Jul 30 2013 11:59 AM

I don't think Apple will ever want C to stand for cheaper, haha! With a cheaper current gen iPhone I'm sure everyone will now have an iPhone. At least the average Joe. Then there's people like me who will never buy an iPhone because the Nexus line is awesome (minus the battery life)!

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What does the "C" stands for? I know what the "S" stands for... "Siri"

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Jaybk26 replied on Tue, Jul 30 2013 3:52 PM

I hope this is true. This is definitely the most economically sound route for them to take, IMO. And I'm personally planning on moving to an S4 if the next gen of iPhone doesn't come with a plastic option.

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With the known defect in the 4s, I doubt I will be buying one if the rumor is true. Apple will do the same to it knowing full well that you will have to buy a new phone in a year.

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sevags replied on Wed, Jul 31 2013 12:09 AM

Jaybk; if apple doesn't release a cheaper plastic iPhone your solution is to switch to a top of the line android phone? I don't see how that reasoning makes sense lol

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Shannon, what known defect are you talking about in the 4S? I've had this phone for almost two years and I've never had a problem.

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