Reuters: Technology News: Apple working on cheaper iPhone: report

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Apple working on cheaper iPhone: report Jan 8th 2013, 22:52 Tweet Share this Email Print Related News Galaxy powers Samsung to record $8.3 billion profit 1:30pm EST Samsung sees fourth quarter profit at $8.3 billion on Note sales, components Mon, Jan 7 2013 Analysis: Apple bid for Samsung sales ban faces skeptical court Mon, Jan 7 2013 Hitting a high Note: 'phablets', chips to drive Samsung Q4 profit Mon, Jan 7 2013 Samsung expected to widen smartphone lead over Apple this year Fri, Jan 4 2013 Analysis & Opinion Three tech predictions for 2013 Essential reading: Boehner tries to keep GOP ranks behind him, and more The logo of Apple is seen on a product displayed at a store in Seoul August 24, 2012. Credit: Reuters/Lee Jae-Won SAN FRANCISCO | Tue Jan 8, 2013 5:52pm EST SAN FRANCISCO (Reuters) - Apple Inc is working on a cheaper version of its popular iPhone that could be released this year, according to a report in the Wall Street Journal on Tuesday. The device could resemble the existing iPhone, but might use less expensive materials, such as a shell made of polycarbonate plastic, according to the report, which cited anonymous sources. Apple could decide not to move forward with the lower-end iPhone, the report noted. The product would represent the first time Apple has diversified its line of smartphones with significantly different models since launching the original iPhone in 2007. The company faces pressure from rival smartphone-makers such as Samsung Electronics Co LTD whose products use Google Inc's Android operating system. Apple declined to comment on the report. Shares of Apple, which closed Tuesday's regular trading session at $525.31, are down 25.5 percent from their 52-week high of $705.07 in September. (Reporting By Alexei Oreskovic; Editing by David Gregorio) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions