New rumor says that Apple's budget iPhone will sell for $99 and come in 5 to 6 colors.
Reuters got into the iPhone rumor business today with a big report claiming that Apple will release a $99 iPhone this year or next year. The plastic iPhone rumor is not new, but nobody put a $99 price-tag on it yet. This low price would indeed rock the smartphone market.
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The same report also says that Apple looks into releasing iPhones with larger screens in 2014. Specifically Apple is supposed to source 4.7-inch and 5.7-inch displays.
The report says that all this is still in discussion at Apple and nothing is set in stone.
I assume the $99 iPhone price would be subsidized and refers to the US market. In several European countries you get the iPhone 5 for free depending on the plan you choose.