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Apple Inc. smartphone

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According to some sources familiar with the matter and DigiTimes happens to be one of them, Apple Inc. is to release the low-cost iPhone in China and other emerging markets later in 2013. Analysts believe that the new low-cost iPhone will have a price tag between $200 and $250. The launch of the low-cost iPhone comes as Apple Inc. wants to have a bigger market share in China, which happens to be the biggest mobile market, and other emerging markets as competition among smartphone makers is getting more fierce.

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The New iPhone 5, the latest smartphone of Apple Inc., will go on sale at company’s retail stores in the U.S. at 8 a.m. local time on the 21st of September. The newest Apple Inc. smartphone will be also sold at AT&T, Sprint and Verizon, and retailers such as Best Buy, Radio Shack, Target and Wal-Mart as well. The New iPhone 5 will have its premiere in 22 more countries on 28th of September, just one week after the “big day” in the U.S. And even though there are few days left to the “big day” of the New iPhone 5, a record two millions preorders were placed just in one day for Apple Inc. latest smartphone on the 14th of September.

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