Apple is thinking about making a lower priced iPhone. The cheaper iPhone will resemble the standard iPhone with a cheaper body. The shell maybe made of cheaper material such as plastic. Other parts could be made from recycled older iPhone parts. Apple is getting pressure to make the iPhone more affordable. Google’s Android has been gaining market share. IPhone remains the top seller in the US however overseas Android is on top. In the US an iPhone 5 without a contract starts at $649 and cost even more overseas. in the US if you get a two year contract the iPhone 5 can cost $199 with a two year contract. They do not offer these deals overseas. Apple’s stock has fallen 25% since its high in September.
