Rumors about Apple working on a cheaper “budget” iPhone have been around forever. The move would make sense for the California company in order to be able to compete with much cheaper smartphones coming from the likes of Samsung and LG. It looks like the rumors are picking up momentum and now it appears as if Techdy has actually managed to get a hold of the unannounced iPhone’s exterior shell and display assembly from sources in the supply chain overseas.

“The budget iPhone will be made substantially from plastic (we can feel it’s actually polycarbonate material). It will have a 4” screen, like the iPhone 5, and interestingly, the budget iPhone actually has a shape that’s similar to Apple’s original iPod. When we hold the budget iPhone in our hands, the plastic chassis does not feel cheap at all. Unlike the plastic build quality of the Samsung Galaxy phones, the plastic material used on the budget iPhone feels more sturdy.”

According to earlier reports, the official announcement of the “budget” iPhone could be coming later this fall.

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