If Bloomberg, The Wall Street Journal, and oh, I don't know, about a dozen other outlets are to be believed, Apple is going to introduce a lower-cost iPhone this year. It's said to feature a hybrid metal/plastic shell, and retail for less than $300.
Outside of those few details, though, we know very little about the handset. But a new report out of China this morning allegedly has new intel on the device, claiming it will use a Qualcomm-made SoC and go into production next month...