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Apple introduced cheaper version of the iPhone 5c

Apple introduced cheaper version of the iPhone 5c

Apple Inc. is selling a new, cheaper version of the iPhone 5c with less memory in the U.K., France, Germany, Australia and China.

The latest iPhone 5c has 8 gigabytes and is priced at 429 pounds ($712) without a contract, compared with 469 pounds for the 16-gigabyte model, according to Apple’s U.K. store. The Cupertino, California-based company isn’t yet offering this version of the 5c in the U.S.

The new iPhone 5c is being sold for 4,088 yuan ($660) on Apple’s online store in China, the world’s biggest handset market. China Mobile Ltd., the No. 1 carrier, began selling iPhones in January after six years of negotiations as both seek to stem declining share there.

http://www.bloomberg.com/news/2014-03-18/apple-introduces-cheaper-iphone-5c-with-less-memory-in-europe.html