Reuters adds detail -- and its authority -- to rumors of an 8GB "iCloud iPhone"
Stories have been floating around for months that Apple (AAPL) was building not one but two new iPhones -- the widely expected iPhone 5 and a lower-cost phone that's basically the current iPhone 4 with less on-board memory. According to an item posted two weeks ago by Apple'N'Apps' Trevor Sheridan, company insiders are calling the second device the "iCloud iPhone."
On Tuesday, in a report flagged EXCLUSIVE, Reuters threw its weight behind Sheridan's scoop, adding fresh details based on two unnamed sources "with knowledge of the matter." Reuters doesn't call it the new device the iCloud iPhone, but it sure sounds like the same thing.
The new details:
Using iPhone 4 parts and less memory, Apple might bring the subsidized cost to $0.00
There's been much speculation over the past year about the possibility of Apple (AAPL) shipping a lower-cost phone to compete in markets where the top-of-the-line iPhones have proved too expensive.
Writing in Apple'N'Apps Thursday, Trevor Sheridan -- a writer whose track record we can't vouch for -- offers what nonetheless seems like a plausible scenario.
Citing three unnamed MOREPhilip Elmer-DeWitt - Aug 11, 2011 9:54 AM ET
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