rumour: The iPhone 3GS Will Launch Along With The iPhone 5 As A Prepaid Phone

steve jobs apple iPhone

Apple is launching a lower-priced iPhone for $350 later this year, writes Jonathan Geller of Boy Genius Report.

The really interesting thing is that the new phone might simply be the old 3GS, readily available with prepaid options.

The lower-priced phone would be coming out in addition to the long-rumoured iPhone 5, and Apple would continue to sell the iPhone 4.

This would mean Apple has a smartphone available for those looking for either a low, mid, or high range device.

Cupertino seems poised to own the smartphone market.

Don’t Miss: All The iPad 3 rumours We Know About So Far

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at