Reuters says the company is planning to release an el cheapo version of the iPhone.
I'm old enough to remember when Apple prided itself on charging more for its products than rival companies. It still does when it comes to its Mac computers. But ever since the iPod, Apple's learned the joys of going downmarket. Its phones, tablets and music players are price-competitive with rival products, and in some cases cheaper. One more reason Apple's setting the world on fire.