DigiTimes: Apple will come out with two iPhones this year, one will be a “cheap” model
Our favorite Taiwanese supply chain and rumor website that sometimes gets thing right, sometimes gets things wrong, is saying that Apple will release two iPhones this year. One will be a “revised version of the iPhone 5″, which is a fancy way of saying iPhone 5S, and the other will be a “low-cost iPhone model”. Said cheap iPhone will have similar specs to the iPhone 4S, but it’ll have a downgraded screen and processor.
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http://feeds.iphonehacks.com/~r/iphonehacks/~3/R0EeRaX98cE/digitimes-iphones.html