If you’ve been holding out for an iPhone in grey, white, blue, red or orange, your wait might be finally coming to an end.
Renowned analyst and Apple-watcher Ming-Chi Kuo (who previously worked for KGI Securities, but moved to TF International Securities in April) claims that Apple is gearing up to release a cheaper iPhone later this year in a range of new colors.
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The report, seen by 9to5Mac, claims that the new iPhone, which will come with a 6.1-inch LCD display and be styled along the same lines as the current iPhone X, will come with a price tag in the vicinity of $700 and will be offered in « grey, white, blue, red and orange. »
The choice of colors also raises questions. Is white and grey the same as the current silver and space grey offerings? Will the red version be a (PRODUCT)RED version? Kuo doesn’t clarify this.
Apple will achieve the $700 price point by leaving out premium features such as the dual-cameras and stainless-steel frame.
This iPhone is expected to be unveiled along with 6.5-inch OLED iPhone X Plus priced in the same ballpark as the current iPhone X, along with an updated 5.8-inch iPhone X that will receive a modest price cut.
Another interesting tidbit from Kuo’s report is that he expects the cheaper 6.1-inch LCD iPhone to account for 55 percent of sales when it’s launched, with that percentage growing through 2019.
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