Apple is suspected to have a budget iPhone in the works that it would sell to people who want a more affordable entry to the iOS ecosystem. The rumors have been flying for a while and a report from the Wall Street Journal backs them up.
It would be an opportunity for the iPhone to take off in developing markets and compete against lower-end phones.
Nickolay Lamm and Matteo Gianni have created some gorgeous concept designs that explore what such a phone may look like
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