Apple pinned to release new cheaper iPhone in June - reports

Apple is reportedly gearing up to launch a second version of the iPhone SE.
Apple is reportedly gearing up to launch a second version of the iPhone SE. Photo credit: Apple

Two new, cheaper iPhones could be on their way.

Apple is reportedly gearing up to launch a second version of the popular budget iPhone SE, priced at an affordable US$349 (NZ$493).

The tech giant could also be planning to launch a cheaper, bigger version of the iPhone X, to cost US$550 (NZ$776.93), the Daily Mail reports.

Both prices are a significant drop on the popular, but pricey, phone brand. In New Zealand, the current iPhone X starts at NZ$1799.

KGI Securities' Ming-Chi Kuo, an Apple analyst with a successful track record of past predictions, suggested a 6.1-inch iPhone may be on the way with a lot of the 5.65 inch iPhone X's features - but at a cheaper price.

To help keep the price down, the iPhone X's OLED display could be swapped out with an LCD screen, he said.

Apple recently filed to register 11 separate iPhone models and tech commentators suggest it's likely that several model numbers will be attached to each iPhone, rather than each being for an individual release.

Tech commentators speculate the new phones will be officially announced at Apple's Worldwide Developers Conference in June.

Newshub.