Apple Exploring Budget-Friendly iPhone - New York News

Apple Exploring Budget-Friendly iPhone

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A cheaper version of the iPhone is on its way.

According to the Wall Street Journal, Apple has been exploring a cheaper version for years, but accelerated its plans after competition heated up with Google's Android phones.

The less expensive phone will look like a regular iPhone, but will be made from cheaper material.

Sources say it could hit the market later this year.

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