Low-end iPhone in the works?

Is Apple working on a lower-end iPhone? The Wall Street Journal reports that “people briefed on the matter” say the Cupertino-based tech giant is shifting its corporate strategy and will target the growing market segment. The WSJ report says, “while Apple has explored such a device for years, the plan is progressing and a less expensive version of the its flagship device could launch later this year.” Sources add the lower-end iPhone would share specs with the existing iPhone but with a less expensive body.

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