NEW YORK: The Wall Street Journal says Apple is set for a possible summer launch of the next iPhone, rather than a fall launch like the last two models.
Apple is also working on a cheaper iPhone model that could win it some market share in developing countries, the paper says. It cited unnamed people ``familiar with the device's production.''
The report is in line with the expectations of company watchers and Wall Street analysts. The iPhone 5 costs around $600, and while Apple maintains older iPhones in production, even those aren't cheap enough to compete effectively against low-end smartphones running Google Inc.'s Android software.
Apple doesn't comment on future products before its launch events.
Apple is also working on a cheaper iPhone model that could win it some market share in developing countries, the paper says. It cited unnamed people ``familiar with the device's production.''
The report is in line with the expectations of company watchers and Wall Street analysts. The iPhone 5 costs around $600, and while Apple maintains older iPhones in production, even those aren't cheap enough to compete effectively against low-end smartphones running Google Inc.'s Android software.
Apple doesn't comment on future products before its launch events.
