iPhone 3GS proves there is a big market for a lower cost iPhone

The continuing success of the iPhone 3GS proves there is a big market for a lower cost iPhone as it remains the second best selling smartphone in US market, perhaps proving that there could be some truth in Apple’s plans to deliver a lower end iPhone soon.

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Apple building cheaper 8GB iPhone 4 to be due out in weeks

Reuters sources amongst the Apple asian supply chain is reporting that Apple is in the process of producing a lower cost iPhone 4 with 8GB flash memory that could be out in a matter of weeks. But is this the rumored lower-end iPhone to target the prepaid emerging markets?

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