Online rumours suggest that Apple is preparing a cheaper 4GB iPhone for launch in 2009 at the competitive $99 price point – around the £65 mark!
The Boy Genius Report cites an unnamed but "once proven source" that claims Apple is prepping the cheaper 4GB iPhone to be sold in Wal-Mart next year for $99 on a two-year contract.
Apple launched a 4GB iPhone in the States way back in the summer of 2007, but soon dropped it in favour of the 8GB version of the Jesus phone.
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Right now, this is filed firmly under rumour, but it sounds like a feasible move to us, in these credit crunchy times of ours. For more on this, head over to the good ol' Boy Genius Report.