Apple Inc. (AAPL): Could There Be Another Low-Cost Device in the Works?

White wrote, “We had a discussion with a tech supply chain company around (a device) that would be similar in look to the current iPhone 5 but with edges that are more rounded, a slightly thicker body, more color options and at a lower price. Our research has not uncovered anything remotely similar to (this) before, and we find it difficult to reconcile such a device. … As such, we are treating this data point with a skeptical eye but we will continue to research the topic.”

What do you think? Do you think it’s possible for Apple Inc. (NASDAQ:AAPL) to be working on yet another lower-priced iPhone, or do you think this is just another interpretation of the same lower-priced device that has been rumored for weeks? Give us your feedback in the comments section below.