Apple are thought to be unveiling the Apple iPhone 5C on September 10th , alongside the flagship iPhone 5S. We've known for a long time that it'll be Apple's first affordable iPhone - in the past they've just dropped the price of older models to accommodate those on a tighter budget.
Now we've got more details about Apple's iPhone 5C thanks to Mingchi Kuo - a normally reliable analyst working for KGI. He's suggesting that the smartphone will be priced between $400 - 500 (£250 - £320). However, we always get charged more in the UK so a price around £350 seems more likely.
What else have we learnt ? Well, even though the iPhone 5C is more affordable it'll still support 4G LTE - which is quickly becoming a must-have even on a mid-range phone. Production of the smartphone has already begun and will ramp up at the end of the month to accommodate a Q3 launch.
Interestingly, it seems Apple see the iPhone 5C as a replacement for the iPhone 5. They are thought to be stopping shipments of the iPhone 5 at the end of the 3rd quarter of this year - which coincides with the launch of the two new models. However, the iPhone 4S will continue to be produced and sold primarily in developing markets.
It's an interesting time for Apple with their share price dropping in a number of key mobile markets. They still expect to sell more iPhone 5S's than the affordable iPhone 5C, but it'll interesting to see how consumers respond to the "plastic multi-coloured" affordable iPhone.
By Simon Thomas on 22nd August, 2013