Samsung is planning to refresh its flagship consumer electronics products at a media event on February 21, rumors are swirling that Apple is about to branch out the iPhone into two hardware versions: one flagship model aimed at high-end consumers and the other budget model costing up to $149, reportedly made from cheaper materials and possibly crammed with less features.
The inexpensive device, according to the latest chatter, should be targeted at price-conscious shoppers in China and other emerging markets. Though both WSJ and Bloomberg over the past year reported a few times that Apple executives have explored a less expensive iPhone sold without a contractual obligation, the company's SVP of Worldwide Marketing Phil Schiller has reportedly debunked the rumor in an interview with a Japanese newspaper...
