Home Rumor Rumor: Apple to launch iPhone 5e with $500 price tag

Apple iPhone 5C

As we all know that Apple is going to launch the iPhone 7 and iPhone 7 Plus in this year, but these smartphones are not the only smartphones from the Cupertino based company. Latest sources from China claim that Apple is ready to introduce iPhone 5e as well.

According to sources from China, there is a new model of iPhone in the pipeline known as the iPhone 5e. It is actually an upgraded model of iPhone 5S and the alphabet e represents enhancement. Several features such as Apple Pay, NFC and VoLTE will come along with the iPhone 5e as well.

Furthermore, the sources said that Foxconn has started the production of iPhone 5e in China and the launch date is expected to happen in March later. The iPhone 5e is also said to be a mid-ranger with two storage options – 16GB and 64GB.

As for the hardware, the iPhone 5e will maintain the 4-inch display of iPhone 5S while the camera is still 8-megapixel on the back. Some sources also claim that the iPhone 5e will have an Apple A9 processor, but an older processor could be used in order to maintain the costs. Lastly, the sources mentioned that iPhone 5e will be priced at RMB 3288 (about $500) in China.

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