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August 23, 2011 04:47 pm GMT

Rumor: Apple Preparing Discount iPhone 4 For September

iphone4Dj vu, much? Like Apple's original strategy for the aging iPhone 3GS, a new report states that Apple is working on an 8GB iPhone 4 to be sold at a discount while the iPhone 5 will sell at a higher price with contract.According to Reuters's sources, Apple has contracted a Korean firm to manufacture the discount iPhone's flash drive. Samsung was previously one of Apple's vendors of choice for flash memory (the other being Toshiba) but it's possible that recent patent unpleasantness may have soured that relationship.

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