[RUMOUR] Apple to release "budget" version of iPhone

Edelweiss

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Rumours amongst internet circles say that Apple computers are releasing a "budget" version of their flagship mobile device. Apparently a variant of the latest iPhone 5, dubbed the Apple iPhone 5C will debut with an iconic white plastic casing.
This device will be obviously lower specced than its more premium variants. Variants of the 5C itself are codenamed as Zenevo and Zagato or Bertone. The difference between the two will only be on the hardware front. The Zenevo edition will be powered with dual-core Samsung H5P CPU, 1GB RAM and v4.0 Bluetooth. The Zagato or Bertone edition will be powered with dual-core Samsung H6P CPU, 1GB RAM and v4.0 Bluetooth (sic.)
This device is priced at about $350.00 which is about R3500.00

leaked photos
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http://www.dailymail.co.uk/sciencetech/article-2286442/Budget-iPhone-launch-soon-It-cost-just-half-price-Apples-flagship-phone-plastic-rumours-claim.html
 
A budget iPhone powered by a Samsung CPU :)

techically all the iphone processors up to the A6 in the iphone 5 are designed/modified by apple and manufactured by samsung afaik

As of August 2012, the A5 is manufactured at Samsung's Austin, Texas factory. Samsung invested $3.6 billion in a facility in Austin to produce chips such as processors, and nearly all of that wing's output is dedicated to Apple components. Samsung has invested a further $4.2 billion at the Austin facility in order to transition to a 28 nm fabrication process by the second half of 2013.
 
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