Under some surprising new developments in Apple iPhone 5 rumors, according to latest news company's suppliers in Asian countries has already started manufacturing a lower-priced version of hot-selling iPhone 4 - the new variant is said to have a smaller 8 gigabyte flash drive letting Apple compete with cheaper Google Android phones.
The official announcement of cheaper 8 GB model of the popular iPhone 4 is expected to be made public with release of highly anticipated iPhone 5 this September. The new low-price iPhone (which is also called as iPhone 4S) is rumored to have a bigger touch screen, better antenna and an 8-megapixel camera.