Cheap iPhone will not actually be that cheap, says purported manufacturer

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A low-cost iPhone has actually been rumored for months, however the business thought to be making it’s a wrench to include our spinning dreams of a budget-priced Apple mobile phone.

The ‘budget plan’ iPhone won’t in fact be that affordable, stated T.H. Tung, CEO of Pegatron, the Taiwanese producer believed to be working on the gadget at this very minute.

Speaking at a shareholders’ conference about the new cheaper iPhone today, Tung stated ‘the rate is still high,’ reported the China Times.

That’s not precisely songs to our wallets, however Tung’s ideas at least seem to verify that Pegatron is undoubtedly taking care of the production of the gadget.

Tung-tied

Tung supposedly went on to state that while the new, more inexpensive iPhone cannot really be considered ‘cheap,’ smartphones in basic offer better value than more economical attribute phones.

Apple has neither confirmed nor denied the existence of a cheap iPhone, so Tung’s candid statements about it come as something of a surprise, especially if Pegatron really is behind production. You ‘d think they ‘d undergo a pretty binding non-disclosure arrangement, right?

Regardless, the budget-priced iPhone is reported to show up in August in 6 colors, with a plastic chassis and a price of $99 (about UK ₤ 64, AU$ 107).

Maybe Tung does not consider that economical, or perhaps this brand-new iPhone will in fact cost more than that. Till Apple concerns an official decree we will not know anything about it for sure.