PHOTO: Could This Be the Rumored Low-Cost iPhone?

By An Phung
|  Tuesday, Jul 30, 2013  |  Updated 9:45 AM CDT
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PHOTO: Could This Be the Rumored Low-Cost iPhone?

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A Chinese blog has leaked what is reportedly the packaging for the rumored budget iPhone.

The photo, posted on the blog WeiPhone, features what appears to be plastic packaging with the words "iPhone 5C" printed its side. The "C" could mean "color" for its multicolor offerings or "cheaper" to describe its lower price tag, according to PC Magazine.

The alleged new low-cost iPhone will look like a cross between the iPhone 5, iPod Touch and iPod Classic, according to Mashable. It will be made of plastic and targeted at developing markets like China in hopes of nabbing a share of the growing Android market.

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