The specter of a cheaper iPhone has haunted analyst and fanboy dreams for months. Years, in some cases. But making the healthy assumption that Apple does release a less expensive iPhone in the next few months, it's worth taking a second to remember that "cheaper" doesn't necessarily mean "cheap." Especially when you're talking about Apple.
Source: http://gizmodo.com/why-that-budget-iphone-might-not-and-shouldnt-be-so-813599481
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