Is Apple working on a cheaper iPhone? Well, maybe yes. Though the cheaper iPhone from Apple is yet to confirmed, we have this report coming from Japanese blog, Macotakara that Apple is keeping the pricing of its cheaper iPhone to $330. 

The report also says that the build quality of the cheaper iPhone will not be the same as what we have been seeing with the existing apple phones. The cheaper version of the apple iPhone will come with a polycarbonate body instead of glass and aluminum in the body casing. Polycarbonate body was used with the earlier versions of MacBook but now it is discontinued.

The polycarbonate material to be used with cheaper iPhone is glossy and is likely to make the rumored cheaper iPhone thicker and sturdier than iPhone 5.

Well, the pricing of the cheaper looks good to me. Only question we have now - Is Apple really working on the same? Are we really going to see cheaper iPhones from Apple in future?