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Apple Working on Smaller, Cheaper iPhone to Compete with Android

February 11th, 2011, 22:37 Posted By: wraggster

Apple is said to be working on a new smaller, less expensive version of the iPhone, according to a new report from Bloomberg today. This new model would be in the $200 range and be about a third smaller than the current iPhone4. With a lower price point, cellular providers could then give customers the choice of either paying for the phone at full price without a contract or give the phone away for free with a two-year contract.

Currently, Apple has 16 percent of the global mobile market share, while rival Google’s market share has more than tripled to 32.9 percent in the fourth quarter. With a new low-cost iPhone, Apple hopes to increase its overall market share worldwide and surpass Google in the process.

Apple is said to be developing an iPhone that can access multiple wireless networks. This dual-mode iPhone would be compatible with... [Read More]

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