Apple 'Will Launch Cheap iPhone This Year' According To Top Analyst

It's been a few months since Apple released a new phone, so now the rumours about the next iPhone are starting, that's just how it works.

According to Ming-Chi Kuo, who has been pretty spot on in the past, there could be a cheap new phone on its way - costing $550, around £390.

The KGI Securities analyst who has revealed the latest 'news', has previously predicted details about facial recognition, the price and the camera specs.

Credit: PA
Credit: PA

Now he's saying that the new model will be cheaper than previous updates and is going to have a 6.1inch display, making it even bigger than older iPhone Plus models.

The new model is rumoured to feature a LCD screen and will still contain a lot of the impressive specs from the iPhone X including the TrueDepth camera, which is used to support Face ID. It will also have an edge-to-edge display, according to early reports.

The Sun reports that Kuo thinks the company is lowering its prices to 'increase market share in China'. He also reckons that the high-priced iPhone X (selling for $999/£999) was struggling to sell, because, although people were 'interested' in the phone they didn't fancy parting with so much dosh.


via GIPHY

The current cheap option is the iPhone SE, which you can pick up from around £350, but as it was released in 2016, it's not the most up-to-date gadget you can get your hands on and it features a teeny 4inch display.

There have been rumours that an iPhone SE2 will be launched later this year, but it's all just guesswork and hearsay at this point.

Apple Insider has previously estimated that the tech-giant will be releasing three models this year - this new cheap option, a iPhone X 2 and a generously-sized iPhone X Plus, which it predicts will have a 6.inch screen. So, we're all going to need to grow bigger hands between now and then.

WATCH: APPLE LAUNCHES iPHONE EIGHT


Of course, until the company holds it formal launch event in September we'll just have to keep guessing and working our way through the rumours.

Sources: The Sun; Apple Insider

Featured Image Credit: PA

Claire Reid

Claire Reid is a journalist at LADbible. Claire graduated from Liverpool John Moores University with a BA in journalism. She’s previously worked at Trinity Mirror. Since joining LADbible, Claire has worked on pieces for the UOKM8? mental health campaign, the Yemen crisis, life in the Calais Jungle as well as a profile of a man who is turning himself into a cyborg.

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