Apple, the world-famous tech giant, is reported to be planning to introduce a low-price version of iPhone. It will be called iPhone 5C. Even though the information comes from major sources, it is still too early to call it a reliable piece of news. At this point, it is still a rumor.
Some experts on the web tried to decipher the “C” letter in the name. They say “C” stands for “cheap” or “colored”. Anyway, these are just suppositions. The sources say the new low-price device will come into market in multiple colors on top of black and white.
The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of AAPL. The stock is rallying on strong corporate stats:
