24 Jun '11, 10pm

An iPhone 'Lite' with iPhone 5 in September? (via ST iPhone App)

A customer looks at a white and a black iPhone4 - predecessors to the next-generation iPhone - at the Apple store on April 28, 2011 in Palo Alto, California. -- PHOTO: AFP REPORTS from sources familiar with the matter have said that Apple is looking to release a 'Lite' version of the iPhone 4 together with the iPhone 5 September 2011. The iPhone 'Lite', whose name is yet to be confirmed, will feature components that are native to the iPhone 4, except smaller and cheaper. The target markets of the so-called iPhone 'Lite' are those in developing countries, where a lower price point would prove more effective than piling on the technology. This move is seen by at least one analyst as a change in market direction by Apple. Charlie Wolf, with Needham & Company told Bloomberg that 'Apple's strategy is changing from targeting 25 per cent of the global mobile phone market...to 100...

Full article: http://www.straitstimes.com/BreakingNews/TechandScience/S...

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