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Rumor: Low-cost ‘iCloud iPhone’ to accompany iPhone 5

Thursday 11 August 2011 @ 10:15 am

There’s been much speculation over the past year about the possibility of Apple (AAPL) shipping a lower-cost phone to compete in markets where the top-of-the-line iPhones have proved too expensive.Writing in Apple’N'Apps Thursday, Trevor Sheridan — a writer whose track record we can’t vouch for — offers what nonetheless seems like a plausible scenario.Citing three unnamed “independent sources …

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