We have been hearing rumors of Apple working on a cheaper iPhone, something that is backed by both
The Wall Street Journal as well as
Bloomberg. But it seems that may not be the case after all.
(http://st.gsmarena.com/vv/newsimg/13/01/schiller-dismisses-cheap-iphone/gsmarena_002.jpg)
In an interview with China's
Shanghai Evening News, Senior Vice President Worldwide Marketing at Apple - Phil Schiller - said that