iPhone Next Month -->
Apple's expected low-cost iPhone may less less low-cost than some had expected after another report emerged suggesting that the company has not quite made the break into the mid-range smartphone market that had been expected.
That is not in itself a total surprise as there have been previous murmerings that Apple has simply not been able to cut the cost by enough to tap into the vastly larger mid-range market.
Analysts and investors may however be worried if Apple in unable to broaden its product range away from the increasing niche top-end of the smartphone industry.
Kuo notes that the company is looking to use the iPhone 5C as a replacement for the older iPhone 5, with an upcoming gold tinted iPhone 5S as the new top-end model.
The iPhone 4S may however continue to be sold, as the budget model in developing countries.
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