Apple

Apple Developing Cheaper iPhone That Could Go As Low As $99

Reportedly working on it for last two years

|

That much-rumored "cheap" Apple iPhone could hit the market at a lowball price of $99, according to a story published today by Bloomberg.

Citing an unnamed source familiar with Apple's plans, Bloomberg said the phone would sell at aprice range of $99 to $149 and would pop up late this year at the earliest.