A report from Economic Daily News suggests that Apple is preparing to relaunch a new 4.7-inch iPhone based on the iPhone 8 design.
This model would purportedly come with 128 GB storage, the new A13 chip, a single-lens camera and cost around $650.
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However, it does not seem like this March 2020 iPhone will be that different in chassis from the iPhone 8. Due to the sizeable forehead and chin, the iPhone 8 is only a shave smaller than the 5.8-inch iPhone X/XS.
This also means this model would retain the characteristic Touch ID home button. It’s worth pointing out that Touch ID lives on in the just-updated iPad Air and iPad mini, so introducing another iPhone with the fingerprint sensor is not an insane proposition.
Therefore, a new iPhone 8 with modern specs is more likely a play for Apple to offer competitive iPhone models at lower price points, as the X series of phones have eked prices higher, with iPhone XR starting at $750 and the XS series breaking four digits.
A $600-$650 iPhone could be instrumental for emerging markets like India where Apple has struggled to gain traction.