Is Apple Coming Out With a Cheaper iPhone? The Answer Is Unclear

Recent rumors about a cheaper iPhone have recently been all but debunked by Apple's SVP of Worldwide Marketing Phil Schiller, who told Chinese newspaper Shanghai Evening News that "cheap smartphones will never be the future of Apple products".

Based on Schiller's comment, Reuters and several other news outlets have reported that Apple has probably dismissed the idea of a cheap iPhone. The story doesn't end there, though, as Reuters had withdrawn that article, claiming it "was subsequently updated with substantial changes to its content." Reuters said that no replacement story will be issued.

It is unclear what the "substantial changes" to Reuters' story were. We can imagine several p…
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