14 DAY TRIAL // Citing sources within Barclays Capital, a Chinese newspaper reports that Apple is preparing two new iPhone models for this year, including the widely anticipated iPhone 5S and the rumored low-cost iPhone for mass-market penetration.
Citing the Commercial Times, EMSOne reports that both Foxconn and Pegatron (electronics assemblers) will be handling the production of the “cheap” iPhone coming out of Apple this year, and that the company’s next-generation iPhone 5S should be expected to arrive at the same time – August.
Particularly, the iPhone 5S is said to be a world-phone with support for China Mobile’s network. Apple has been rumored to implement a new Qualcomm radio in its future iPhone models to include this compatibility.
The low-cost iPhone – which many analysts cling on as they raise and lower their estimates on Apple’s bottom line for each passing quarter – will not be a world phone, according to a rough translation of the Chinese report. Instead, it will only support frequency division duplex (FDD), a variant of LTE.