There have been rumours that the next iPhone as well as the cheaper version of the handset will be released together in June.There have been rumours about a low cost iPhone coming our way and these go back to early last year. Some people have said that the device will be the Apple iPhone Mini while some say that it will be the Apple iPhone Lite.
Steve Jobs said before that he wants Apple products to cannibalise their own sales as opposed to competitors doing it. However, Apple seemed to be taking a new course this year by releasing a cheaper version of iPhone. Some people thought that it may eat into the sales of the regular Apple iPad, however a survey had shown that a lot of the buyers of the Apple iPad Mini were indeed first time buyers of Apple tablets.