Apple is planning a "low-end iPhone" that will lack some of the extras found in the company's iPhone 5, one analyst claims.
In a note to investors today, Amit Daryanani of RBC Capital Markets said that Apple plans to launch "multiple new phones" between June and July this year. According to AppleInsider, which obtained a copy of his investors note, Daryanani said in addition to a flagship handset that Apple will call the iPhone 5S, the company will deliver a lower-end device featuring "plastic casing and no Retina display."
"With a lower price point, Apple will be able to target a growing and important part of the smartphone market (sub-$400 price band)," he wrote.
Via Enric Gil Garcia, Jesús Hernández