To gain market share in cost-sensitive markets like India and China, Apple is planning this move, predicts Strategy Analytics.
"We think Apple will have to launch an 'iPhone Mini' at some point over the next three years to address the hundreds of millions of prepaid users worldwide that cannot afford the current iPhone," Neil Mawston, executive director at Strategy Analytics, quoted as saying by Reuters.
Apple is expected to launch a newer version of iPhone, probably the rumoured iPhone 5S, soon. According to reports, Apple is also mulling to launch this handset in different display sizes out of which one could be the iPhone Mini which will be priced very affordably that would make it attractive in cost-sensitive markets like India and China, where Apple till now has little presence.
Apple also believed to ignore such cost-sensitive markets because of the price factor of its handsets. So it is palpable that Apple wanting to come up with a low cost iPhone to counter Samsung's advances, which last year become the No 1 smartphone maker in the world.
Speculations are also rife about a 4 inch smartphone in iPhone C series to make its debut alongside the next Apple flagship smartphone next year.
Not only Apple Watch coming to India after a delay of almost six months but reportedly it will also cost about Rs 14,000 more than its price in the USA.
Apple Stores will be debuting in India in partnership with Tata-owned consumer electronics chain Croma.
Interested buyers can pre-book Apple iPhone 6s, 6s Plus starting tomorrow.
This is the first time that Apple will launch its latest devices in India in less than a month after launching them globally.
This is not for the first time fake or copycats Apple stores have cropped up in China.
Many iPhone users have complained of crashes and even loss of data while trying to install the new iOS 9.
Here's a detailed account of what we had expected and what Apple has announced last night.
The specs of almost all the new Apple products seem to be in line with the leaks and speculations that were circulating in the online world.
As per reports, Apple may launch two high end iPhone models along with a bigger iPad and a new iPhone 5C variant.