Rumour Mill: Apple to build cheap 8GB iPhone 4, could replace 3GS 8GB?

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Thought the iPhone 4 was a bit too expensive? With recent rumours of the iPhone 5 coming out in October, there is now talk that Apple could be building an 8GB version of the iPhone 4 and will be releasing it within a few weeks.

According to Reuters, the Cupertino-based company has already found a Korean supplier for an 8GB flash drive for the new version of the widely-successful smartphone – with sources hinting at Samsung to be its supplier. Yes, Samsung still has a working relationship with Apple despite the recent hullabaloo over its phones and tablets.

However, while it hasn’t been pushed anywhere further, I speculate that this is a move similar to what happened with the iPhone 3GS and the iPhone 4 – where the 3GS became the lower-end version of the iPhone lineup and the iPhone 4 being the ‘higher’. The 3GS only sells in 8GB capacity while the iPhone 4 is only available in 16GB and 32GB models.

The speculative iPhone 5 could push the iPhone 4 to become a cheaper, ‘entry-level’ iPhone. And this could be good for Apple as it could push into the emerging mobile markets.

But remember, these are just rumours. And also, expect a lot more rumours coming out in September.