The next low-cost iPhone might retail between $200 and $300, according to a new leak. The Cupertino-based tech giant was successful in launching the more affordable iPhone SE 2020. It looks like Apple will continue this scheme with its next low-cost smartphone if the latest leak is to go by.
Future Low-Cost iPhone's Price
On Twitter, industry analyst and YouTuber named MauriQHD shared the latest detail about the next low-cost iPhone from Apple. According to the tipster, the Cupertino company might retail the iPhone at almost half the current price of the iPhone SE 2020. He shared that Apple is currently working on an iPhone that could retail around $200 to $300.
Several Twitter users became interested in this alleged low-cost iPhone. Unfortunately, the tipster did not reveal more details about it except for its price. In the past, MauriQHD also leaked that the 2021 iPhone SE would house the same Apple A13 Bionic chip that powers the iPhone SE 2020.
Although the tipster did not mention the 2021 iPhone SE would retail at around $200, it would not be a bad idea considering how the chip performs. Apple started the low-cost iPhone scheme with the iPhone X series and the move was fruitful. It looks like the company's intent to capture the market dominated by Android smartphones is going well, considering that it once again plans to release another low-cost iPhone model.
iPhone
Apple working on a $200-300 phone
im hearing — Mauri QHD (@MauriQHD) July 11, 2020
Other Details
With the current global health crisis that handicapped economies all over the world, releasing a low-cost iPhone model could be a great move for Apple. Consumers would not mind paying for an iPhone that performs on par with other handsets at a third or a fourth of the price of android smartphones. This move would also reinforce Apple's hold of the market and better penetration on areas where it could not flourish in the past.
Details about the low-cost iPhone are scarce right now. But, if Apple is indeed working on one, more information might surface soon. For now, this latest set of information about the low-cost iPhone is merely speculation due to the absence of official confirmation from Apple. Take these details with a huge bucket of salt.
Meanwhile, Apple is anticipated to launch its flagship iPhone series sometime in September. The company is reportedly putting pressure on its suppliers to hasten the product's release and cur the production delay. Apple has not yet confirmed that the iPhone 12 series is launching a few months from now.
