Apple Is Said to Work on Cheaper, Smaller iPhones

Friday Feb 11th 2011 by Staff

The new phones would also be able to use multiple wireless networks.

Bloomberg: Anonymous sources say that Apple is working on new versions of the iPhone that would be smaller, more affordable and could use multiple provider networks. Lower-priced iPhones would likely broaden their appeal. “Instead of targeting 25 percent of the global mobile-phone market, Apple would be going after 100 percent,” noted analyst Charlie Wolf.

Sources say the phone would cost about $200, but wouldn't require a two-year contract.

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