The iPhone has catered for the premium market ever since 2007 and the leaks and rumors of a cheaper iPhone has been making the rounds since 09, but the amount of leaks that have come out this year are over welling.

All the leaks have pointed to a cheaper iPhone also those photos look close to an Android Chinese smartphone, but now a budget iPhone photo with FCC labels on the back might result in the real thing.

Only time will tell if the mid-range market might be able to get their hands on an iPhone with out breaking the bank.



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