Apple Is Marketing Smaller iPhone for $200 Off Contract to Challenge Android

Bloomberg is reporting that Apple is working on a new design for the iPhone for a less expensive, contract-free model to compete Google's Android platform and bypass wireless carrier contracts.

The new iPhone will use a processor, display and other smaller components similar to those of iPhone 4. The report also claims that Apple also has a Dual Mode iPhone in the pike for a summer release.

What's also interesting in this report, Apple is working on a Universal SIM which would allow users to jump from network to network. The small iPhone would cost only $200 off-contract unlike the iPhone 4 which costs $600 off-contact. Significant drop in price, isn't it?
[via 9to5mac]

 

For more news coverage, you can follow us on Twitter or become a fan on our Facebook page, we will keep you updated with posts over the web