May 3 2013, 8:23am CDT | by Sumayah Aamir
Apple is reportedly working on the development of a low cost iPhone devices. Lots of speculations are already made about Apple's forthcoming inexpensive iPhone handsets. These rumors are emerging after the indication of Taiwan's iPhone suppliers that Apple has future plans to launch lower cost iPhone handsets targeting third world country markets.
These iPhones will be initially shipped in small volumes ranging 2.5 million to 3 million units per quarter. Apple will test the market response first by sending small volume. After analyzing the early response, Apple will likely increase its production according to DigiTimes report.
"Speculation currently circulating in the iPhone supply chain in Taiwan indicate that Apple plans to launch an inexpensive model targeting emerging markets with initial quarterly shipments of only 2.5-3.0 million units to test market response."
These low-cost models will expected to be manufactured with Appl's subcontractors Pegatron, ODM and Foxconn Electronics Group. These devices can have an A6 processor with a 4-inch display panel and plastic chassis.
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