“Budget” iPhone rumors surface again; More credible this time

There might be a grain of truth to the budget iPhone rumors after all.Screen Shot 2013-01-30 at 10.41.45 AM

A new model for developing countries like China and Brasil is in the works and will inculcate styling cues from across the existing iPod and iPhone range, according to new reports

Though iPhone rumors are a dime a dozen, iLounge, a website, claims to have seen a prototype of the handset.

iLounge alleges that the budget iPhone  will have the same 4-inch Retina display of the iPhone 5 but won’t come encased in a streamlined anodized aluminium shell. Rather than stainless steel or aluminum, high quality plastic will be used. Design cues will be taken from the latest generation of iPod Touch devices and perhaps even the iPod classic.

As always, it is advisable to take these rumors with a pinch of salt.

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