You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

Light Blue

Remember that report from Reuters claiming Apple is building a low-cost iPhone that will sell for mere $100? This morning a report from ChinaTimes claims Pegatron chairman Tong Zixian dismissed the rumors by claiming the word “cheap” shouldn’t be associated with the product and that the “price is still high.” We have a feeling some of the company’s comments might have been lost in translation, but it’s only stating the obvious: Apple’s doesn’t make cheap products and $99 without some sort of subsidy is probably out of the question for the company’s much rumored “low-cost iPhone”.

According to the analysts, Apple’s low-cost iPhone will likely debut for somewhere in the neighbourhood of $300.

The best 4K & 5K displays for Mac

FTC: We use income earning auto affiliate links. More.

About the Author