Cheap iPhone? Not really

BUNDLE OF JOY 5C costs $99 for a 2-yr deal in US, unbundled price at $549                                                                  CUPERTINO, CALIFORNIA: Apple on Tuesday unveiled two new iPhones, fielding a slick new topend model along with one aimed at budget-conscious smartphone shoppers around the world.

“The business has become so large that this year we are going to replace the iPhone 5 and we are going to replace it with two new designs,” Apple chief Tim Cook announced at the company’s Silicon Valley headquarters.
Apple will begin taking orders on Friday, and on September 20 the two devices will go on sale in the US, Australia, Britain, China, France, Germany, Japan and Singapore.

The iPhone 5C is part of Apple’s bid to counter the flood of low-cost smartphones from rivals, most of which use the Google Android operating system.
Apple designer Jony Ive said that despite the lower cost, the polycarbonate iPhone 5C with a steel frame “is beautiful.”
The iPhone 5C with 16 gigabytes of memory will start at $99 with a two-year US carrier contract and $549 without a contract — $100 less than previous iPhone base models.
“The 5C is a no-compromise device,” said Van Baker., analyst at research firm Gartner “It is just in a plastic case instead of a metal case, and they basically reduce the price by the cost of materials.”
NAME- RAJ GAURAV
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