Apple rumor: the cheaper new iPhone will be delayed until November

Rumors spread earlier this year that a new, cheaper iPhone would be coming this fall. But a new report says we might have to wait a little longer than expected for it.

The device's LCD screen is supposedly to blame. Manufacturers are encountering problems with light leaking through the screens, according to a report from The Bell, a South Korean newspaper cited by Nashville Chatter. That will reportedly cause a release date delay, pushing the drop date back from September to November.

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You should definitely take these delay rumors with a grain of salt. The analyst is unnamed, and we're unable to read the South Korean paper the report originated from.

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Still, we've been expecting a cheaper iPhone for a little while. Ming-Chi Kuo, an Apple analyst with a great track record of leaked information, reported in April that a cheaper LCD iPhone would be coming later this year. It's expected to cost between $550 and $750.

Plus, a lower iPhone price point makes sense for Apple right now. In its May earnings call, Apple reported that its iPhone sales fell short of expectations. A cheaper iPhone model at this point could help encourage some customers, who were hesitant to make the thousand dollar investment in the iPhone X, to trade up.

According to BGR, Kuo said it's one of three new offerings that Apple will unveil in the fall. That's in addition to an updated 5.8-inch OLED iPhone X, priced at $899. And a 6.5-inch OLED iPhone X Plus, priced between $999 and $1,149.

We'll just have to wait and see as we inch closer to the official unveiling.

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