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Apple to release cheaper iPhone 4 ‘within weeks’

25 August 2011 919 Views No Comment

Apple is expected to release a cheaper iPhone 4 within weeks, cutting profit margins to win lower-end customers from rivals such as Nokia in China and other emerging markets.

In addition to the launch of the smaller iPhone 4, Apple is targeting an end-September launch for the next-generation iPhone 5, one source told Reuters, confirming earlier reports on blogs and industry websites. GUARDIAN

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