Cheap Apple iPhone: Yet Another Low-Cost Apple iPhone Update

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The word cheap means something different to everybody. Even if Apple Inc. (NASDAQ:AAPL) decides to release a low-cost smartphone, one has to wonder where it may be priced.

The same AppleInsider article goes on to explain:

“Market watchers have predicted that Apple could sell a cheaper iPhone for around $199 without a contract subsidy. At that price point, it’s projected that Apple could attain gross margins around 30 percent.”

How do you feel about this Apple Inc. (NASDAQ:AAPL) rumor? Do you believe it to be true?

Check back here for more updates on Cheap Apple iPhone.

DISCLOSURE: I have no positions in any stock mentioned.

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The Apple Inc. iPhone 5 4G LTE Expansion

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