Let’s face it, the amount of rumors regarding the budget iPhone or the “iPhone 5C” have been ridiculous, each day we are bombarded with new rumors regarding the budget iPhone. Well keeping with the tradition, here is another one. The price of the budget iPhone has been “leaked”. Well, wondering what is going to be the price of the budget iPhone? Find it out below.
Budget iPhone Price
This new rumor about the price of the budget iPhone has originated from the Chinese micro-blogging site Sina Weibo, which points to a prominent poster regarding the leak of the price.
So what is the price? Well according to the leaked report, the price is $490! Yes folks, an insane $490 for the cheap iPhone!
The report mentioned that the budget “iPhone 5C” will be priced 3000 yuan, which is around $490 in today’s exchange rate.
This price of $490 would make the so-called cheap iPhone much more expensive than the iPhone 4, touching it close to the iPhone 4S and other upper-level smartphones in the market.
So why is this budget iPhone going to be so expensive? Well it seems that Apple doesn’t want to compromise on quality that’s why it doesn’t want to lower the price. And, how can be forgotten the fat profit margin Apple has on every product. So that’s why iPhone 5C isn’t going to be cheap.
Well like all rumors, take this with a pinch of salt. Well take tons of salt on this one.