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Apple To Launch Low-Priced iPhone For $350 This August?

Apple To Launch Low-Priced iPhone For $350 This August?

According to a new report, Apple may launch a lower-priced iPhone at $350 with no contract. While I feel that Apple wouldn’t release a new model of any kind at this price, it’s quite possible that the iPhone 3GS may see such a price reduction.

There have been rumors floating around regarding Apple releasing a low-cost iPhone for a while now, as it would help them to address the lower-priced phones available running the Android platform, and introducing a contract alongside such a phone may enable them to offer the phone for very cheap or free to users that sign up for 2 years of service.

Further, according to the report, in addition to this $350 iPhone, Apple will continue to sell the iPhone 4 as well, meaning that they’d now have three price points available to customers – a low-end $350 retailing phone, the $650/750 likely retail of the iPhone 5, and the iPhone 4 would fall in between the cracks. It’d be very nice for Apple to finally have a full range of devices on low, mid, and high-end price segments.

Couple this with the increasingly popular rumors that Apple may begin to offer support for the Sprint and T-Mobile networks in the US (which are cheaper than AT&T and Verizon), and it appears that Apple is poised to gain a lot of ground in the coming days. One can only hope.

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