NEW YORK: The Wall Street Journal has recently reported that Apple is going to launch its next iPhone this summer. The last two iPhones i.e. iPhone 4S and iPhone 5 were launched in October 14, 2011 and September 21, 2012 respectively.
It was also reported that cheaper version of iPhone could be launched similar to iPad Mini on the other half of 2013. This will increase market share of Apple in developing countries.
Apple usually maintains no-comments policy on its future products. Its executives stress that the company is there to come up with best gadgets and not the cheap ones.