One version would be cheaper and smaller than the most recent
iPhone, said a person who has seen a prototype and asked not to be
identified because the plans haven’t been made public. Apple
also is developing technology that makes it easier to use the
iPhone on multiple wireless networks, two people said.
Apple has considered selling the new iPhone for about $200,
without obligating users to sign a two-year service contract, said
the person who has seen it.
$200 with no contract sounds great. But: what about lower-priced monthly service plans? That’s the biggest cost of any smartphone today.